The Single-Peaked Domain Revisited: A Simple Global Characterization

Clemens Puppe ()

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: It is proved that, among all restricted preference domains that guarantee consistency (i.e. transitivity) of pairwise majority voting, the single-peaked domain is the only minimally rich and connected domain that contains two completely reversed strict preference orders.This result has a number of corollaries, among other things it implies that a single-crossing (‘order-restricted’) domain can be minimally rich only if it is a subdomain of a single-peaked domain.

JEL-codes: C72 D71 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-des, nep-mic, nep-pol and nep-upt
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https://www.econstor.eu/bitstream/10419/168068/1/VfS-2017-pid-1941.pdf (application/pdf)

Related works:
Journal Article: The single-peaked domain revisited: A simple global characterization (2018)
Working Paper: The single-peaked domain revisited: A simple global characterization (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168068

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