کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7359446 1478739 2016 22 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Utility representation of an incomplete and nontransitive preference relation
ترجمه فارسی عنوان
نمایش سودمندی از یک رابطه ترجیحی ناقص و غیر انتقالی
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
The objective of this paper is to provide continuous utility representation theorems analogous to Debreu's classic utility representation theorem, albeit for preference relations that may fail to be complete and/or transitive. Specifically, we show that every (continuous and) reflexive binary relation on a (compact) metric space can be represented by means of the maxmin, or dually, minmax, of a (compact) set of (compact) sets of continuous utility functions. This notion of “maxmin multi-utility representation,” generalizes the recently proposed notions of “multi-utility representation” for preorders and “justifiable preferences” for complete and quasitransitive relations. As such, our main representation theorems lead to some new characterizations of these special cases as well.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Theory - Volume 166, November 2016, Pages 164-185
نویسندگان
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