Expected Multi-Utility Representations
This paper axiomatizes expected multi-utility representations of incomplete preferences under risk and under uncertainty. The von Neumann-Morgenstern expected utility model with incomplete preferences is revisited using a "constructive" approach, as opposed to earlier treatments that use convex analysis.
Year of publication: |
2012-03
|
---|---|
Authors: | Karni, Edi ; Galaabaatar, Tsogbadral |
Institutions: | Department of Economics, Johns Hopkins University |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Objective and Subjective Expected Utility with Incomplete Preferences
Galaabaatar, Tsogbadral, (2010)
-
Moral Sentiments and Social Choice: Fairness Considerations in University Admissions
Karni, Edi, (2003)
-
Foundations of Bayesian Theory
Karni, Edi, (2005)
- More ...