Foundations of spatial preferences

B-Tier
Journal: Journal of Mathematical Economics
Year: 2011
Volume: 47
Issue: 2
Pages: 200-205

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract I provide an axiomatic foundation for the assumption of specific utility functions in a multidimensional spatial model, endogenizing the spatial representation of the set of alternatives. Given a set of objects with multiple attributes, I find simple necessary and sufficient conditions on preferences such that there exists a mapping of the set of objects into a Euclidean space where the utility function of the agent is linear city block, quadratic Euclidean, or more generally, it is the [delta] power of one of Minkowski (1886) metric functions. In a society with multiple agents I characterize the set of preferences that are representable by weighted linear city block utility functions, and I discuss how the result extends to other Minkowski utility functions.

Technical Details

RePEc Handle
repec:eee:mateco:v:47:y:2011:i:2:p:200-205
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25