MPRA Paper No. 79284 (2017)

Authors
Kalle M. Mikkola
Aalto University
David McCarthy
University of Hong Kong
Teruji Thomas
Oxford University
Abstract
We provide conditions under which an incomplete strongly independent preorder on a convex set X can be represented by a set of mixture preserving real-valued functions. We allow X to be infi nite dimensional. The main continuity condition we focus on is mixture continuity. This is sufficient for such a representation provided X has countable dimension or satisfi es a condition that we call Polarization.
Keywords Expected utility  Incompleteness  Continuity  Risk  Uncertainty  Strong independence  Multi-representation
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References found in this work BETA

Real Analysis with Economic Applications.Efe A. Ok - 2007 - Princeton University Press.

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Citations of this work BETA

Hyperintensionality and Normativity.Federico L. G. Faroldi - 2019 - Cham, Switzerland: Springer Verlag.

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