Monotone Preferences Over Information

We consider preference relations over information that are monotone: more information is preferred to less. We prove that, if a preference relation on information about an uncountable set of states of nature is monotone, then it is not representable by a utility function

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Year of publication:	2007
Authors:	Dubra, Juan ; Echenique, Federico
Publisher:	[S.l.] : SSRN
Subject:	Präferenztheorie \| Theory of preferences \| Informationswert \| Information value

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Extent:	1 Online-Ressource (15 p)
Series:	Cowles Foundation Discussion Paper ; No. 1297
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2001 erstellt
Classification:	C60 - Mathematical Methods and Programming. General ; C70 - Game Theory and Bargaining Theory. General ; G12 - Asset Pricing
Source:	ECONIS - Online Catalogue of the ZBW

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