A test for risk-averse expected utility
نویسندگان
چکیده
We provide a condition for rationalizability by risk-averse expected utility preference in a demand-based framework with multiple commodities, which is a UNCAF statement in the sense of Chambers et al. (2014). Our test can be viewed as a natural counterpart of a classical test of expected utility, due to Fishburn (1975), in a demand setting.
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 163 شماره
صفحات -
تاریخ انتشار 2016