Theory and Decision 70 (1):95-110 (2011)
| Abstract |
This article revisits the standard results of demand theory when the preference relation is a continuous preorder that admits an equicontinuous multi-utility representation. We study the consumer problem as the constrained maximization of a continuous vector-valued utility mapping, and show how to rederive those results. In particular, we provide a link between the literature on vector optimization and the analysis of the consumer problem under incomplete preferences
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| Keywords | Incomplete preferences Demand theory Continuous vector-valued utility |
| Categories | (categorize this paper) |
| Reprint years | 2011 |
| DOI | 10.1007/s11238-010-9206-7 |
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References found in this work BETA
Subjective Probability and Expected Utility Without Additivity.David Schmeidler - 1989 - Econometrica 57:571-589.
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