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Main Authors: Crespo, Juan A., Raventós-Pujol, Armajac
Format: Preprint
Published: 2025
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Online Access:https://arxiv.org/abs/2511.18944
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author Crespo, Juan A.
Raventós-Pujol, Armajac
author_facet Crespo, Juan A.
Raventós-Pujol, Armajac
contents We revisit Esteban and Ray's (1994) seminal model of polarization. Their main result (unnecessarily) relies on the assumption that individuals are infinitely divisible, which imposes strong restrictions on admissible polarization indices. We show that relaxing this assumption yields a broader family of indices consistent with the original axioms. The resulting indices avoid counter-intuitive rankings that arise when using results on the original paper and provide greater flexibility for empirical applications.
format Preprint
id arxiv_https___arxiv_org_abs_2511_18944
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Revisiting the Measurement of Polarization
Crespo, Juan A.
Raventós-Pujol, Armajac
General Economics
Economics
We revisit Esteban and Ray's (1994) seminal model of polarization. Their main result (unnecessarily) relies on the assumption that individuals are infinitely divisible, which imposes strong restrictions on admissible polarization indices. We show that relaxing this assumption yields a broader family of indices consistent with the original axioms. The resulting indices avoid counter-intuitive rankings that arise when using results on the original paper and provide greater flexibility for empirical applications.
title Revisiting the Measurement of Polarization
topic General Economics
Economics
url https://arxiv.org/abs/2511.18944