Scalarization methods and expected multi-utility representations
نویسندگان
چکیده
منابع مشابه
Scalarization methods and expected multi-utility representations
We characterize the class of (possibly incomplete) preference relations over lotteries that can be represented by a compact set of (continuous) expected utility functions which preserve both indifferences and strict preferences. This finding contrasts with the representation theorem of Dubra, Maccheroni and Ok (2004) which either delivers a noncompact set of utility functions, or at least one f...
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I characterize the class of (possibly incomplete) preference relations over lotteries which can be represented by a compact set of (continuous) expected utility functions that preserve both indifferences and strict preferences. This finding contrasts with the representation theorem of Dubra, Maccheroni and Ok (2004) which typically delivers some functions which do not respect strict preferences...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2014
ISSN: 0022-0531
DOI: 10.1016/j.jet.2014.02.003