User:DominikPeters/sandbox/Single-peaked preferences
 | This is not a Wikipedia article: It is an individual user's work-in-progress page, and may be incomplete and/or unreliable. For guidance on developing this draft, see Wikipedia:So you made a userspace draft. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
In social choice theory, a preference relation over an ordered sets called single-peaked if alternatives closer to the most-preferred alternative are preferred to alternatives further away. Typically, preferences over the quantity of a numerical value (such as a tax rate, a price, or a thermostat setting) are single-peaked. For example, an individual whose most-preferred tax rate is 30% will typically prefer a tax rate of 50% to a tax rate of 80%.
Single-peaked preferences