Additive Utility with Intransitive Indifference and Without Independence : A Homogeneous Case

In the homogeneous case of one type of goods or objects, we prove the existence of an additive utility function without assuming transitivity of indifference and independence. The representation reveals a positive factor smaller than 1 that infuences rational choice beyond the utility function and explains departures from these standard axioms of utility theory (factor equals to 1)

MoreLess

Year of publication:	2002
Authors:	Le Menestrel, Marc ; Lemaire, Bertrand
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Nutzen \| Utility

Extent:	1 Online-Ressource (10 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 2002 erstellt
Other identifiers:	10.2139/ssrn.320906 [DOI]
Classification:	A00 - General Economics and Teaching. General ; B40 - Economic Methodology. General ; C00 - Mathematical and Quantitative Methods. General ; D00 - Microeconomics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014112803