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Persistent link: https://www.econbiz.de/10001961985
We study axiomatically the problem of obtaining an expected utility representation for a potentially incomplete preference relation over lotteries by means of a set of von Neumann-Morgenstern utility functions. It is shown that, when the prize space is a compact metric space, a preference...
Persistent link: https://www.econbiz.de/10005135394
We study axiomatically the problem of obtaining an expected utility representation for a potentially incomplete preference relation over lotteries by means of a set of von Neumann-Morgenstern utility functions. It is shown that, when the prize space is a compact metric space, a preference...
Persistent link: https://www.econbiz.de/10005178454
Persistent link: https://www.econbiz.de/10005153704
Persistent link: https://www.econbiz.de/10001562604
We study axiomatically the problem of obtaining an expected utility representation for a potentially incomplete preference relation over lotteries by means of a set of von Neumann-Morgenstern utility functions. It is shown that, when the prize space is a compact metric space, a preference...
Persistent link: https://www.econbiz.de/10014076197
Persistent link: https://www.econbiz.de/10007651193