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Asymmetric Single-peaked Preferences

Listed author(s):
  • Martínez-Mora Francisco

    ()

    (University of Leicester, Universitat Rovira i Virgili, CREIP)

  • Puy M. Socorro

    ()

    (Universidad de Málaga)

The asymmetry of single-peaked preferences has scarcely been incorporated as an assumption in economic models. We analyze how to deal with asymmetric single-peaked preferences in a tractable way. We define natural types of asymmetries, provide the tools to compare degrees of asymmetry, and propose concrete utility functions that represent different directions and degrees of asymmetry. As an application, we provide a representative voter theorem which establishes the heterogeneity in degrees of asymmetry across agents that is compatible with the median being the representative voter.

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Article provided by De Gruyter in its journal The B.E. Journal of Theoretical Economics.

Volume (Year): 12 (2012)
Issue (Month): 1 (December)
Pages: 1-26

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Handle: RePEc:bpj:bejtec:v:12:y:2012:i:1:p:1-26:n:33
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  1. Massó, Jordi & Moreno de Barreda, Inés, 2011. "On strategy-proofness and symmetric single-peakedness," Games and Economic Behavior, Elsevier, vol. 72(2), pages 467-484, June.
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  12. Alan S. Blinder, 1997. "Distinguished Lecture on Economics in Government: What Central Bankers Could Learn from Academics--And Vice Versa," Journal of Economic Perspectives, American Economic Association, vol. 11(2), pages 3-19, Spring.
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