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Persistent link: https://www.econbiz.de/10005175343
A non-trivial, transitive and reflexive binary relation on the set of lotteries satisfying independence that also satisfies any two of the following three axioms satisfies the third: completeness, Archimedean and mixture continuity (Dubra, 2011). This paper generalizes Dubra’s result in two...
Persistent link: https://www.econbiz.de/10011209791