Finite-dimensional utilities

被引:0
|
作者
Yutaka Nakamura
机构
[1] Institute of Policy and Planning Sciences,
[2] University of Tsukuba,undefined
[3] 1-1-1 Tennoudai,undefined
[4] Tsukuba,undefined
[5] Ibaraki 305-8573,undefined
[6] JAPAN (e-mail: nakamura@shako.sk.tsukuba.ac.jp),undefined
来源
Economic Theory | 2000年 / 16卷
关键词
Keywords and Phrases: Lexicographic utility, Decision making under risk, Mixture spaces and sets.; JEL Classification Numbers: 022, 026.;
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摘要
Sufficient axioms are identified for the existence of a finite- dimensional quasilinear utility function whose lexicographically ordered vectors preserve a decision maker's preference order on a mixture set \documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document} ${\cal M}$\end{document}. It is shown that those axioms are also necessary for the linear lexicographic representation when the underlying set \documentclass[12pt]{minimal} \usepackage{amsmath} \usepackage{wasysym} \usepackage{amsfonts} \usepackage{amssymb} \usepackage{amsbsy} \usepackage{mathrsfs} \usepackage{upgreek} \setlength{\oddsidemargin}{-69pt} \begin{document} ${\cal M}$\end{document} is a mixture space.
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页码:209 / 218
页数:9
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