Majority voting with single-crossing preferences
成果类型:
Article
署名作者:
Gans, JS; Smart, M
署名单位:
Stanford University; University of New South Wales Sydney
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/0047-2727(95)01503-5
发表日期:
1996
页码:
219-237
关键词:
Majority voting
single-crossing condition
quasi-transitivity
income tax progression
union objectives
摘要:
We clarify and extend a number of sufficient conditions for the existence of a majority voting equilibrium on one-dimensional choice domains. These conditions, variously stated in the previous literature, all impose order restrictions on voter preferences (for instance, monotone marginal rates of substitution) which we show to imply or be equivalent to a general, ordinal version of the single-crossing condition. This simple property is economically intuitive and easily checked in applications. This ease of application is demonstrated through an examination of voting models of redistributive income taxation and trade union bargaining behaviour.
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