, Preference homogeneity, Functional equations. JEL Classification: C60(General: Mathematical methods and programming); D81 …] Eichhorn, W. (1978) Functional Equations in Economics, Addison-Wesley Publishing Company, Inc. [6] Kahneman, D. and Tversky, A …

functional equations. JEL Classification: C60, D81. ∗ Department of Economics, University of Leicester, University Road … to be able to apply Cauchy’s functional equations f (x + y)=f (x)+f (y) and f (xy)=f (x)f (y). We proceed as follows. We … (2001). References [1] Eichhorn W. (1978). Functional Equations in Economics. Addison-Wesley. [2]KahnemanD.andTverskyA.(1979 …