Axiomatic Foundations of Multiplier Preferences
نویسندگان
چکیده
منابع مشابه
Axiomatic Foundations of Multiplier Preferences∗
This paper axiomatizes the robust control criterion of multiplier preferences introduced by Hansen and Sargent (2001). The axiomatization relates multiplier preferences to other classes of preferences studied in decision theory. Some properties of multiplier preferences are generalized to the broader class of variational preferences, recently introduced by Maccheroni, Marinacci and Rustichini (...
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The representational issues of preferences in the framework of a possibilistic (qualitative/ordinal) decision model under uncertainty, were originally introduced few years ago by Dubois and Prade, and more recently l inked to case-based decision problem by Dubois et al.. In this approach, the uncertainty is assumed to be of possibilistic nature. Uncertainty (or similarity) and preferences on co...
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An argument is a reason or justification of a claim. It has an intrinsic strength and may be attacked by other arguments. Hence, the evaluation of its overall strength becomes mandatory, especially for judging the reliability of its claim. Such an evaluation is done by acceptability semantics. The aim of this paper is to set up the foundations of acceptability semantics. Foundations are importa...
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We provide a characterization of the symmetric and weighted versions of the Euclidean compromise solution for multiobjective optimization problems first proposed by P.L.Yu. These solutions minimize a measure of the distance between a feasible set and the utopia point of that set, and are closely related to solutions that have been proposed in the bargaining with claims literature. We provide ne...
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Reasoning about agent preferences on a set of alternatives, and the aggregation of such preferences into some social ranking is a fundamental issue in reasoning about multi-agent systems. When the set of agents and the set of alternatives coincide, we get the ranking systems setting. A famous type of ranking systems are page ranking systems in the context of search engines. In this paper we pre...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2009
ISSN: 1556-5068
DOI: 10.2139/ssrn.1523822