implementability for discrete utility functions …

's theory works on the possible utility function space with its norm topology. Our approach combines order and metric structures …We reconsider the theory of Thompson aggregators proposed by Marinacci and Montrucchio (2010). We demonstrate the … Koopmans equation has a unique utility function solution given a Thompson aggregator. Uniqueness holds only on the interior of …

separable utility. Applications of weighted utility can be found in choice under risk (expected utility) and uncertainty … (subjective expected utility), intertemporal choice (discounted utility) and welfare economics (utilitarian social welfare … function). This paper presents an improved behavioral characterization (preference axiomatization) of weighted utility. It is …

relative risk aversion utility functions are used, and both value of life and value of time are solved for a functions of the …

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the …

It is shown that any completely preordered topological real algebra admits a continuous utility representation which is … utility pace is discussed. …

characterize the restrictions on one period utility domains for the equitable social welfare relation (i) to exist; and (ii) to …

It is widely held that under ordinal utility, utility differences are ill-defined. Allegedly, for these to be well … of the traditional binary relations underlying ordinal utility functions. Correlatively, it is also widely held that the … would be, in a nutshell, the hallmark of cardinal utility. While much is obviously true in these two tenets, this note …