A Functional Representation of Fuzzy Preferences

This paper defines a well-behaved fuzzy order and finds a simple functional representation for the fuzzy preferences. It includes the existing utility theory for exact preferences (no fuzziness) as a special case. It is a simple and intuitive extension of the utility theory under uncertainty, which can potentially be used to explain a few known paradoxes against the existing expected utility theory

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Year of publication:	2017
Authors:	Wang, Susheng
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Präferenztheorie \| Theory of preferences \| Fuzzy-Set-Theorie \| Fuzzy sets

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Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Theoretical Economics Letters, 2017, 7, 13-22 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2017 erstellt
Classification:	D60 - Welfare Economics. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012963779