Multiple public goods, lexicographic preferences, and single-plateaued preference rules. (Q1399521): Difference between revisions
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scientific article
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English | Multiple public goods, lexicographic preferences, and single-plateaued preference rules. |
scientific article |
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Multiple public goods, lexicographic preferences, and single-plateaued preference rules. (English)
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30 July 2003
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A problem of choosing location in the unit interval [0,1] for identical public goods is considered. The finite number of agents is characterised by a complete, transitive, continuous, and single-peaked preference relation over [0,1]. The preferences are extended from [0,1] to a set of alternatives. The proposed lexicographic extension, called single-plateaued preference rule, is Pareto-optimal, anonymous, and population monotone.
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preference relation
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lexicographic
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multiple public goods
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single-peaked preferences
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