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Spherical preferences

Author

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  • Chambers, Christopher P.
  • Echenique, Federico
Abstract
We introduce and study the property of orthogonal independence, a restricted additivity axiom applying when alternatives are orthogonal. The axiom requires that the preference for one marginal change over another should be maintained after each marginal change has been shifted in a direction that is orthogonal to both.

Suggested Citation

  • Chambers, Christopher P. & Echenique, Federico, 2020. "Spherical preferences," Journal of Economic Theory, Elsevier, vol. 189(C).
    • Handle: RePEc:eee:jetheo:v:189:y:2020:i:c:s0022053120300818
    DOI: 10.1016/j.jet.2020.105086
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    References listed on IDEAS

    as
    1. Chambers,Christopher P. & Echenique,Federico, 2016. "Revealed Preference Theory," Cambridge Books, Cambridge University Press, number 9781107087804, September.
    2. Epstein, Larry G & Segal, Uzi, 1992. "Quadratic Social Welfare Functions," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 691-712, August.
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    5. Marc Henry & Ismael Mourifié, 2013. "Euclidean Revealed Preferences: Testing The Spatial Voting Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 28(4), pages 650-666, June.
    6. Gerard Debreu, 1959. "Topological Methods in Cardinal Utility Theory," Cowles Foundation Discussion Papers 76, Cowles Foundation for Research in Economics, Yale University.
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    8. Jon Eguia, 2013. "On the spatial representation of preference profiles," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(1), pages 103-128, January.
    9. Degan, Arianna & Merlo, Antonio, 2009. "Do voters vote ideologically?," Journal of Economic Theory, Elsevier, vol. 144(5), pages 1868-1894, September.
    10. Christopher P. Chambers & Federico Echenique & Eran Shmaya, 2014. "The Axiomatic Structure of Empirical Content," American Economic Review, American Economic Association, vol. 104(8), pages 2303-2319, August.
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    12. Bogomolnaia, Anna & Laslier, Jean-Francois, 2007. "Euclidean preferences," Journal of Mathematical Economics, Elsevier, vol. 43(2), pages 87-98, February.
    13. Azrieli, Yaron, 2011. "Axioms for Euclidean preferences with a valence dimension," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 545-553.
    14. Luciano Pomatto & Philipp Strack & Omer Tamuz, 2020. "Stochastic Dominance under Independent Noise," Journal of Political Economy, University of Chicago Press, vol. 128(5), pages 1877-1900.
    15. Knoblauch, Vicki, 2010. "Recognizing one-dimensional Euclidean preference profiles," Journal of Mathematical Economics, Elsevier, vol. 46(1), pages 1-5, January.
    16. John C. Harsanyi, 1955. "Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility," Journal of Political Economy, University of Chicago Press, vol. 63(4), pages 309-309.
    17. Stokes, Donald E., 1963. "Spatial Models of Party Competition," American Political Science Review, Cambridge University Press, vol. 57(2), pages 368-377, June.
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    Cited by:

    1. Xiaosheng Mu & Luciano Pomatto & Philipp Strack & Omer Tamuz, 2021. "Monotone Additive Statistics," Working Papers 2021-36, Princeton University. Economics Department..

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    More about this item

    Keywords

    Spherical; Additivity; Euclidean; Orthogonal; Independence;
    All these keywords.

    JEL classification:

    • D00 - Microeconomics - - General - - - General

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