| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 973238 | Mathematical Social Sciences | 2012 | 5 Pages |
Abstract
This paper axiomatizes expected multi-utility representations of incomplete preferences under risk and under uncertainty. The von Neumann–Morgenstern expected utility model with incomplete preferences is revisited using a “constructive” approach, as opposed to earlier treatments that use convex analysis.
► Expected multi-utility representation of incomplete preferences under risk. ► Additive separable multi-utility representation of incomplete preferences under uncertainty. ► A constructive proof of expected multi-utility representation of incomplete preferences.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Tsogbadral Galaabaatar, Edi Karni,