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Valence characteristics, costly policy and the median-crossing property: A diagrammatic exposition

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  • Donald Wittman

Abstract

Voters value valence characteristics such as honesty and competence. In this paper, we consider the situation where candidates may have more than one valence characteristic of importance to the voters. At the same time we introduce a new concept “the median-crossing property" which differs from single-peakedness and is less restrictive than the single-crossing property. If indifference curves satisfy the median-crossing property, then voting is transitive and the majority's preference rankings coincide with those of the median voter; if the indifference curves violate the median-crossing property, then intransitivity may arise. The framework also allows us to consider elections with costly policy. Copyright Springer Science + Business Media, Inc. 2005

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  • Donald Wittman, 2005. "Valence characteristics, costly policy and the median-crossing property: A diagrammatic exposition," Public Choice, Springer, vol. 124(3), pages 365-382, September.
    • Handle: RePEc:kap:pubcho:v:124:y:2005:i:3:p:365-382
    DOI: 10.1007/s11127-005-2053-3
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    1. Gans, Joshua S. & Smart, Michael, 1996. "Majority voting with single-crossing preferences," Journal of Public Economics, Elsevier, vol. 59(2), pages 219-237, February.
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    1. Wittman, Donald, 2007. "Candidate quality, pressure group endorsements and the nature of political advertising," European Journal of Political Economy, Elsevier, vol. 23(2), pages 360-378, June.
    2. Germà Bel & Antonio Miralles, 2010. "Choosing between Service Fees and Budget Funding to Pay for Local Services: Empirical Evidence from Spain," Environment and Planning C, , vol. 28(1), pages 54-71, February.

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