Axioms for Euclidean preferences with a valence dimension
Recent works on political competition incorporate a valence dimension to the standard spatial model. The goal of this paper is to axiomatize rankings of candidates by voters that are consistent with Euclidean preferences on the policy space and an additive valence dimension. Specifically, we consider the case where only the ideal point in the policy space and the ranking over candidates are known for each voter. We characterize the case where there are policies x1,…,xm for m candidates and numbers v1,…,vm representing valence scores, such that a voter with an ideal policy y ranks the candidates according to vi−‖xi−y‖2.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Arianna Degan, 2007. "Candidate Valence: Evidence From Consecutive Presidential Elections," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(2), pages 457-482, 05.
- Yaron Azrieli & Ehud Lehrer, 2004. "Categorization generated by prototypes -- an axiomatic approach," Game Theory and Information 0405003, EconWPA.
- Grandmont, Jean-Michel, 1978. "Intermediate Preferences and the Majority Rule," Econometrica, Econometric Society, vol. 46(2), pages 317-30, March.
- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
- Vicki Knoblauch, 2008.
"Recognizing One-Dimensional Euclidean Preference Profiles,"
2008-52, University of Connecticut, Department of Economics.
- Knoblauch, Vicki, 2010. "Recognizing one-dimensional Euclidean preference profiles," Journal of Mathematical Economics, Elsevier, vol. 46(1), pages 1-5, January.
- Aragones, Enriqueta & Palfrey, Thomas. R., 2000.
"Mixed Equilibrium in a Downsian Model With a Favored Candidate,"
1102, California Institute of Technology, Division of the Humanities and Social Sciences.
- Aragones, Enriqueta & Palfrey, Thomas R., 2002. "Mixed Equilibrium in a Downsian Model with a Favored Candidate," Journal of Economic Theory, Elsevier, vol. 103(1), pages 131-161, March.
- Enriqueta Aragonés & Thomas R. Palfrey, 2000. "Mixed equilibrium in a Downsian model with a favored candidate," Economics Working Papers 502, Department of Economics and Business, Universitat Pompeu Fabra.
- Bogomolnaia, Anna & Laslier, Jean-Francois, 2007.
Journal of Mathematical Economics,
Elsevier, vol. 43(2), pages 87-98, February.
- Norman Schofield, 2007. "The Mean Voter Theorem: Necessary and Sufficient Conditions for Convergent Equilibrium," Review of Economic Studies, Oxford University Press, vol. 74(3), pages 965-980.
- Ansolabehere, Stephen & Snyder, James M, Jr, 2000. " Valence Politics and Equilibrium in Spatial Election Models," Public Choice, Springer, vol. 103(3-4), pages 327-36, June.
- Callander, Steven & Wilson, Catherine H., 2008. "Context-dependent voting and political ambiguity," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 565-581, April.
- Stefan Krasa & Mattias Polborn, 2009.
"Political Competition between Differentiated Candidates,"
CESifo Working Paper Series
2560, CESifo Group Munich.
- Krasa, Stefan & Polborn, Mattias K., 2012. "Political competition between differentiated candidates," Games and Economic Behavior, Elsevier, vol. 76(1), pages 249-271.
- Gerhard Jäger & Lars Koch-Metzger & Frank Riedel, 2009. "Voronoi languages: Equilibria in cheap-talk games with high-dimensional types and few signals," Working Papers 420, Bielefeld University, Center for Mathematical Economics.
- Eguia, Jon X., 2011. "Foundations of spatial preferences," Journal of Mathematical Economics, Elsevier, vol. 47(2), pages 200-205, March.
- repec:cup:cbooks:9780521003117 is not listed on IDEAS
- repec:cup:cbooks:9780521802345 is not listed on IDEAS
- Smith, John H, 1973. "Aggregation of Preferences with Variable Electorate," Econometrica, Econometric Society, vol. 41(6), pages 1027-41, November.
- Dix, Manfred & Santore, Rudy, 2002. "Candidate ability and platform choice," Economics Letters, Elsevier, vol. 76(2), pages 189-194, July.
- Kalandrakis, Tasos, 2010.
Econometric Society, vol. 5(1), January.
- Gersbach, Hans, 1998. "Communication skills and competition for donors," European Journal of Political Economy, Elsevier, vol. 14(1), pages 3-18, February.
- Navin Kartik & R. Preston McAfee, 2007. "Signaling Character in Electoral Competition," American Economic Review, American Economic Association, vol. 97(3), pages 852-870, June.
- repec:ebl:ecbull:v:4:y:2005:i:18:p:1-9 is not listed on IDEAS
- Gilboa, Itzhak & Schmeidler, David, 2003.
"A derivation of expected utility maximization in the context of a game,"
Games and Economic Behavior,
Elsevier, vol. 44(1), pages 172-182, July.
- Itzhak Gilboa & David Schmeidler, 2001. "A Derivation of Expected Utility Maximization in the Context of a Game," Cowles Foundation Discussion Papers 1342, Cowles Foundation for Research in Economics, Yale University.
- Gilboa, I. & Schmeidler, D., 2001. "A Derivation of Expected Utility Maximization in the Context of a Game," Papers 2001-18, Tel Aviv.
- Degan, Arianna & Merlo, Antonio, 2009. "Do voters vote ideologically?," Journal of Economic Theory, Elsevier, vol. 144(5), pages 1868-1894, September.
When requesting a correction, please mention this item's handle: RePEc:eee:mateco:v:47:y:2011:i:4:p:545-553. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.