Notes on supermodularity and increasing differences in expected utility

Many choice-theoretic and game-theoretic applications in Economics invoke some form of supermodularity or increasing differences for objective functions defined on lattices. These notes provide axiomatic foundations for these properties on expected-utility representations of preferences over lotteries.

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Year of publication:	2013
Authors:	Francetich, Alejandro
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 121.2013, 2, p. 206-209
Publisher:	Elsevier
Subject:	Expected utility \| Supermodularity \| Quasi-supermodularity \| Increasing differences \| Single crossing

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Type of publication:	Article
Classification:	D01 - Microeconomic Behavior: Underlying Principles ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010709102