Abstract
The well-known swap distance (Kemeny, 1959; Kendall, 1938 and Hamming, 1950) is analyzed. On weak preferences, this function was characterized by Kemeny (1959) with five conditions; metric, betweenness, neutrality, reducibility, and normalization. We show that the same result can be achieved without the reducibility condition, which shows the Kemeny distance is much less demanding than it seems. We provide a new and logically independent characterization of the Kemeny distance and provide some insight to further analyze distance functions on preferences. (C) 2018 Elsevier B.V. All rights reserved.
Original language | English |
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Pages (from-to) | 112-116 |
Number of pages | 5 |
Journal | Journal of Mathematical Economics |
Volume | 79 |
Issue number | December |
DOIs | |
Publication status | Published - Dec 2018 |
Keywords
- Kemeny distance
- Swap distance
- Inversion metric
- Preferences