How vague can one be? Rational preferences without completeness or transitivity

What can it mean for preferences to be rational when transitivity or completenss are not assumed? In this paper we provide a framework and a set of conditions to deal with this question. We provide representation results in terms of a pair of functions, a utility function and a vagueness function.

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Year of publication:	2003-12-12
Authors:	Manzini, Paola ; Mariotti, Marco
Institutions:	EconWPA
Subject:	incomplete preferences \| vagueness \| sure-thing principle

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Extent:	application/pdf
Series:	Game Theory and Information.
Type of publication:	Book / Working Paper
Notes:	Type of Document - ; prepared on WinNT; to print on laser;
Classification:	C7 - Game Theory and Bargaining Theory ; D8 - Information and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005118532