Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
972058 | Mathematical Social Sciences | 2011 | 10 Pages |
Abstract
⺠We consider concave and Lipschitz preference functionals over monetary lotteries. ⺠These have envelope representations. ⺠Demonstrate local utility analysis for such preference functionals. ⺠Axiomatise a class of such preference functionals.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Kalyan Chatterjee, R. Vijay Krishna,