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|Title:||Asymmetric Single-peaked Preferences|
Socorro Puy, M.
|Citation:||The B.E. Journal of Theoretical Economics, 2012, 12(1) (Topics), Article 31|
|Abstract:||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.|
|Rights:||Copyright © 2012, De Gruyter. Deposited with reference to the publisher’s open access archiving policy. (http://www.rioxx.net/licenses/all-rights-reserved)|
|Appears in Collections:||Published Articles, Dept. of Economics|
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|2012 BEJTE Asymmetric.pdf||Published (publisher PDF)||357.47 kB||Adobe PDF||View/Open|
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