Preference diversity orderings
This paper surveys approaches to preference diversity measurement. Applying preference diversity axiomatics, a generalization of the Alcalde-Unzu and Vorsatz (2016) criterion, is developed. It is shown that all previously used indices violate this criterion. Two new indices (geometric mean based and...
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| Main Author: | |
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| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Heidelberg
University of Heidelberg, Department of Economics
March 2016
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| Series: | Discussion paper series / Universität Heidelberg, Department of Economics
No. 610 |
| In: |
Discussion paper series (no. 610)
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| DOI: | 10.11588/heidok.00020378 |
| Subjects: | |
| Online Access: | Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-203783 Resolving-System, kostenfrei, Volltext: https://doi.org/10.11588/heidok.00020378 Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/20378 Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/162953 Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/20378/1/karpov_2016_dp610.pdf |
| Author Notes: | Alexander Karpov |
| Summary: | This paper surveys approaches to preference diversity measurement. Applying preference diversity axiomatics, a generalization of the Alcalde-Unzu and Vorsatz (2016) criterion, is developed. It is shown that all previously used indices violate this criterion. Two new indices (geometric mean based and leximaxbased) are developed that satisfy a new criterion. Leximax-based orders act as a polarization index and are compared with Can et al.’s (2015) polarization index. The paper concludes by formulating a new open question: the preference profile reconstruction conjecture. |
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| Physical Description: | Online Resource |
| DOI: | 10.11588/heidok.00020378 |