Expected multi-utility representations

This paper axiomatizes expected multi-utility representations of incomplete preferences under risk and under uncertainty. The von Neumann–Morgenstern expected utility model with incomplete preferences is revisited using a “constructive” approach, as opposed to earlier treatments that use convex analysis.

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Year of publication:	2012
Authors:	Galaabaatar, Tsogbadral ; Karni, Edi
Published in:	Mathematical Social Sciences. - Elsevier, ISSN 0165-4896. - Vol. 64.2012, 3, p. 242-246
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011065134