Economics at your fingertips  

On a class of smooth preferences

Andrea Attar, Thomas Mariotti () and François Salanié
Additional contact information
Andrea Attar: CNRS, University of Toulouse Capitole
Thomas Mariotti: CNRS, University of Toulouse Capitole
François Salanié: INRA, University of Toulouse Capitole

Economic Theory Bulletin, 2019, vol. 7, issue 1, 37-57

Abstract: Abstract We construct a complete space of smooth strictly convex preferences defined over commodities and monetary transfers. Our model extends the classical one in that preferences are strictly monotone in monetary transfers, but need not be monotone in all commodities. We thereby provide a natural framework for performing genericity analyses in situations involving inventory costs or decisions under risk. The constructed space of preferences is contractible, which allows for a natural aggregation procedure in collective decision situations.

Keywords: Smooth preferences; Nonmonotonicity; Collective choice (search for similar items in EconPapers)
JEL-codes: C60 D11 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Economic Theory Bulletin is currently edited by Nicholas C. Yannelis

More articles in Economic Theory Bulletin from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-11-06
Handle: RePEc:spr:etbull:v:7:y:2019:i:1:d:10.1007_s40505-018-0142-y