Buechel, Berno (2012): Condorcet winners on median spaces.
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Abstract
We characterize the outcome of majority voting for single--peaked preferences on median spaces. This large class of preferences covers a variety of multi--dimensional policy spaces including products of lines (e.g.\ grids), trees, and hypercubes. Our main result is the following: If a Condorcet winner (i.e.\ a winner in pairwise majority voting) exists, then it coincides with the appropriately defined median (``the median voter''). This result generalizes previous findings which are either restricted to a one--dimensional policy space or to the assumption that any two voters with the same preference peak must have identical preferences. The result applies to models of spatial competition between two political candidates. A bridge to the graph--theoretic literature is built.
Item Type: | MPRA Paper |
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Original Title: | Condorcet winners on median spaces |
Language: | English |
Keywords: | majority rule; median voter theorem; Condorcet winner; generalized single--peakedness; median spaces; Hotelling; Weber Point |
Subjects: | D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy |
Item ID: | 44625 |
Depositing User: | Dr. Berno Buechel |
Date Deposited: | 27 Feb 2013 12:59 |
Last Modified: | 27 Sep 2019 21:14 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/44625 |