Cerreia-Vioglio, S.; Maccheroni, F.; Marinacci, M.; … - In: Journal of Economic Theory 146 (2011) 4, pp. 1275-1330
We study uncertainty averse preferences, that is, complete and transitive preferences that are convex and monotone. We establish a representation result, which is at the same time general and rich in structure. Many objective functions commonly used in applications are special cases of this...