On intermediate utility functions |
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Authors: | Thomas Eichner |
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Institution: | (1) Department of Economics, University of Siegen, FB 5, VWL IV, Hoelderlinstr. 3, 57068 Siegen, Germany |
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Abstract: | Intermediate utility functions have been recently introduced by Persson and Tabellini (2000, Political Economics: Explaining
Economics Policy, MIT Press, Cambridge) and ensure the existence of a majority voting equilibrium at multi-dimensional voting.
Here, we show that monotone transforms of these utility functions also are sufficient for the existence of a Condorcet winner. |
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Keywords: | Intermediate Majority Median voter |
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