Generalized stochastic dominance and bad outcome aversion

Incomplete preferences over lotteries on a ¯nite set of alternatives satisfying, besides independence and continuity, a property called bad outcome aversion are considered. These preferences are characterized in terms of their speci¯c multi-expected utility representations (cf. Dubra et al., 2004), and can be seen as generalized stochastic dominance preferences.

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Year of publication:	2007
Authors:	Peters, Hans ; Schulteis, Tim ; Vermeulen, Dries
Institutions:	Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization
Subject:	mathematical economics

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Extent:	application/pdf
Series:	Research Memoranda.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Research Memoranda Number 031
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005209938