Search Results - subject:"(multi) utility representation"

A set optimization approach to utility maximization under transaction costs

Hamel, Andreas; Calder-Wang, Sophie - In: Decisions in economics and finance : DEF ; a journal of … 40 (2017) 1/2, pp. 257-275

Persistent link: https://www.econbiz.de/10011997740

Richter-Peleg multi-utility representations of preorders

Alcantud, José Carlos R.; Bosi, Gianni; Zuanon, Magalì - In: Theory and decision : an international journal for … 80 (2016) 3, pp. 443-450

Persistent link: https://www.econbiz.de/10011593753

Utility representation of an incomplete and nontransitive preference relation

Nishimura, Hiroki; Ok, Efe A. - In: Journal of economic theory 166 (2016), pp. 164-185

Persistent link: https://www.econbiz.de/10011650371

Cautious expected utility and the certainty effect

Cerreia-Vioglio, Simone; Dillenberger, David; Ortoleva, … - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 2, pp. 693-728

Persistent link: https://www.econbiz.de/10011350625

Cautious Expected Utility and the Certainty Effect

Cerreia-Vioglio, Simone; Dillenberger, David; Ortoleva, … - Department of Economics, University of Pennsylvania - 2014

Many violations of the Independence axiom of Expected Utility can be traced to subjects' attraction to risk-free prospects. The key axiom in this paper, Negative Certainty Independence (Dillenberger, 2010), formalizes this tendency. Our main result is a utility representation of all preferences...

Persistent link: https://www.econbiz.de/10010743117

Cautious Expected Utility and the Certainty Effect

Cerreia-Vioglio, Simone; Dillenberger, David; Ortoleva, … - Department of Economics, University of Pennsylvania - 2013

Many violations of the Independence axiom of Expected Utility can be traced to subjects' attraction to risk-free prospects. Negative Certainty Independence, the key axiom in this paper, formalizes this tendency. Our main result is a utility representation of all preferences over monetary...

Persistent link: https://www.econbiz.de/10010822868

Continuous multi-utility representations of preorders

Bosi, Gianni; Herden, Gerhard - In: Journal of Mathematical Economics 48 (2012) 4, pp. 212-218

Let (X,t) be a topological space. Then a preorder ≾ on (X,t) has a continuous multi-utility representation if there … concept of a continuous multi-utility representation and Nachbin’s concept of a normally preordered space. … inequalities x≾y mean that for all f∈F the inequalities f(x)≤f(y) hold. We discuss the existence of a continuous multi-utility …

Persistent link: https://www.econbiz.de/10011065407