Article ID Journal Published Year Pages File Type
5072579 Games and Economic Behavior 2008 15 Pages PDF
Abstract
In one-dimensional environments with single-peaked preferences we consider social welfare functions satisfying Arrow's requirements, i.e. weak Pareto and independence of irrelevant alternatives. When the policy space is a one-dimensional continuum such a welfare function is determined by a collection of 2N strictly quasi-concave preferences and a tie-breaking rule. As a corollary we obtain that when the number of voters is odd, simple majority voting is transitive if and only if each voter's preference is strictly quasi-concave.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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