Single-peaked preferences have played an important role in the literature ever since they were used by Black (J Polit Econ 56:23-34, 1948) to formulate a domain restriction that is sufficient for the exclusion of cycles according to the majority rule. In this paper, we approach single-peakedness from a choice-theoretic perspective. We show that the well-known axiom of independence of irrelevant alternatives (a form of contraction consistency) and a continuity requirement characterize a class of single-peaked choice functions. Moreover, we examine rationalizability and representability of these choice functions. © The Author(s) 2008.
CITATION STYLE
Bossert, W., & Peters, H. (2009). Single-peaked choice. Economic Theory, 41(2), 213–230. https://doi.org/10.1007/s00199-008-0393-1
Mendeley helps you to discover research relevant for your work.