Article ID Journal Published Year Pages File Type
957294 Journal of Economic Theory 2011 56 Pages PDF
Abstract

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 representation.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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