Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957294 | Journal of Economic Theory | 2011 | 56 Pages |
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
Authors
S. Cerreia-Vioglio, F. Maccheroni, M. Marinacci, L. Montrucchio,