Lexicographic expected utility without completeness
Author
Abstract
Suggested Citation
DOI: 10.1007/s11238-015-9523-y
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Philippe Mongin, 2001.
"A note on mixture sets in decision theory,"
Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 24(1), pages 59-69, May.
- MONGIN, Philippe, 1996. "A Note on Mixture Sets in Decision Theory," LIDAM Discussion Papers CORE 1996008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- P. Mongin, 1997. "A note on mixture sets in decision theory," THEMA Working Papers 97-24, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Peter C. Fishburn, 1971. "A Study of Lexicographic Expected Utility," Management Science, INFORMS, vol. 17(11), pages 672-678, July.
- Mandler, Michael, 2005. "Incomplete preferences and rational intransitivity of choice," Games and Economic Behavior, Elsevier, vol. 50(2), pages 255-277, February.
- Juan Dubra & Fabio Maccheroni & Efe A. Ok, 2004. "Expected Utility Without the Completeness Axiom," Yale School of Management Working Papers ysm404, Yale School of Management.
- Blume, Lawrence & Brandenburger, Adam & Dekel, Eddie, 1991. "Lexicographic Probabilities and Equilibrium Refinements," Econometrica, Econometric Society, vol. 59(1), pages 81-98, January.
- Efe A. Ok & Pietro Ortoleva & Gil Riella, 2012. "Incomplete Preferences Under Uncertainty: Indecisiveness in Beliefs versus Tastes," Econometrica, Econometric Society, vol. 80(4), pages 1791-1808, July.
- Dubra, Juan & Maccheroni, Fabio & Ok, Efe A., 2004.
"Expected utility theory without the completeness axiom,"
Journal of Economic Theory, Elsevier, vol. 115(1), pages 118-133, March.
- Juan Dubra & Fabio Maccheroni & Efe Oki, 2001. "Expected utility theory without the completeness axiom," ICER Working Papers - Applied Mathematics Series 11-2001, ICER - International Centre for Economic Research.
- Juan Dubra & Fabio Maacheroni & Efe A. Ok, 2001. "Expected Utility Theory without the Completeness Axiom," Cowles Foundation Discussion Papers 1294, Cowles Foundation for Research in Economics, Yale University.
- Schmeidler, David, 1971.
"A Condition for the Completeness of Partial Preference Relations,"
Econometrica, Econometric Society, vol. 39(2), pages 403-404, March.
- SCHMEIDLER, David, 1971. "A condition for the completeness of partial preference relations," LIDAM Reprints CORE 86, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Baucells, Manel & Shapley, Lloyd S., 2008.
"Multiperson utility,"
Games and Economic Behavior, Elsevier, vol. 62(2), pages 329-347, March.
- Lloyd S. Shapley & Manel Baucells, 1998. "Multiperson Utility," UCLA Economics Working Papers 779, UCLA Department of Economics.
- Manel Baucells & Lloyd S. Shapley, 2000. "Multiperson Utility," Econometric Society World Congress 2000 Contributed Papers 0078, Econometric Society.
- Dubra, Juan, 2011.
"Continuity and completeness under risk,"
Mathematical Social Sciences, Elsevier, vol. 61(1), pages 80-81, January.
- Juan Dubra, 2010. "Continuity and Completeness under Risk," Documentos de Trabajo/Working Papers 1004, Facultad de Ciencias Empresariales y Economia. Universidad de Montevideo..
- Galaabaatar, Tsogbadral & Karni, Edi, 2012.
"Expected multi-utility representations,"
Mathematical Social Sciences, Elsevier, vol. 64(3), pages 242-246.
- Edi Karni & Tsogbadral Galaabaatar, 2012. "Expected Multi-Utility Representations," Economics Working Paper Archive 592, The Johns Hopkins University,Department of Economics.
- Özgür Evren, 2008. "On the existence of expected multi-utility representations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(3), pages 575-592, June.
- Kreps, David M & Ramey, Garey, 1987. "Structural Consistency, Consistency, and Sequential Rationality," Econometrica, Econometric Society, vol. 55(6), pages 1331-1348, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2020.
"Utilitarianism with and without expected utility,"
Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 77-113.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2016. "Utilitarianism with and without expected utility," MPRA Paper 72578, University Library of Munich, Germany.
- David McCarthy & Kalle Mikkola & Teruji Thomas, 2019. "Aggregation for potentially infinite populations without continuity or completeness," Papers 1911.00872, arXiv.org.
- McCarthy, David & Mikkola, Kalle, 2018.
"Continuity and completeness of strongly independent preorders,"
Mathematical Social Sciences, Elsevier, vol. 93(C), pages 141-145.
- McCarthy, David & Mikkola, Kalle, 2017. "Continuity and completeness of strongly independent preorders," MPRA Paper 79755, University Library of Munich, Germany.
- Petri, Henrik, 2020. "Lexicographic probabilities and robustness," Games and Economic Behavior, Elsevier, vol. 122(C), pages 426-439.
- Russell, Jeffrey Sanford, 2020. "Non-Archimedean preferences over countable lotteries," Journal of Mathematical Economics, Elsevier, vol. 88(C), pages 180-186.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2016.
"Utilitarianism with and without expected utility,"
MPRA Paper
72578, University Library of Munich, Germany.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2016. "Utilitarianism with and without expected utility," MPRA Paper 90125, University Library of Munich, Germany, revised 09 Aug 2016.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2017. "Representation of strongly independent preorders by vector-valued functions," MPRA Paper 80806, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- David McCarthy & Kalle Mikkola & Teruji Thomas, 2019. "Aggregation for potentially infinite populations without continuity or completeness," Papers 1911.00872, arXiv.org.
- Özgür Evren, 2012.
"Scalarization Methods and Expected Multi-Utility Representations,"
Working Papers
w0174, Center for Economic and Financial Research (CEFIR).
- Özgür Evren, 2012. "Scalarization Methods and Expected Multi-Utility Representations," Working Papers w0174, New Economic School (NES).
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2017. "Representation of strongly independent preorders by sets of scalar-valued functions," MPRA Paper 79284, University Library of Munich, Germany.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2021.
"Expected utility theory on mixture spaces without the completeness axiom,"
Journal of Mathematical Economics, Elsevier, vol. 97(C).
- David McCarthy & Kalle Mikkola & Teruji Thomas, 2021. "Expected utility theory on mixture spaces without the completeness axiom," Papers 2102.06898, arXiv.org.
- McCarthy, David & Mikkola, Kalle, 2018.
"Continuity and completeness of strongly independent preorders,"
Mathematical Social Sciences, Elsevier, vol. 93(C), pages 141-145.
- McCarthy, David & Mikkola, Kalle, 2017. "Continuity and completeness of strongly independent preorders," MPRA Paper 79755, University Library of Munich, Germany.
- Evren, Özgür, 2014. "Scalarization methods and expected multi-utility representations," Journal of Economic Theory, Elsevier, vol. 151(C), pages 30-63.
- Pivato, Marcus, 2013.
"Multiutility representations for incomplete difference preorders,"
Mathematical Social Sciences, Elsevier, vol. 66(3), pages 196-220.
- Pivato, Marcus, 2012. "Multiutility representations for incomplete difference preorders," MPRA Paper 41182, University Library of Munich, Germany.
- Galaabaatar, Tsogbadral & Khan, M. Ali & Uyanık, Metin, 2019.
"Completeness and transitivity of preferences on mixture sets,"
Mathematical Social Sciences, Elsevier, vol. 99(C), pages 49-62.
- Tsogbadral Galaabaatar & M. Ali Khan & Metin Uyan{i}k, 2018. "Completeness and Transitivity of Preferences on Mixture Sets," Papers 1810.02454, arXiv.org.
- Gorno, Leandro & Rivello, Alessandro T., 2023.
"A maximum theorem for incomplete preferences,"
Journal of Mathematical Economics, Elsevier, vol. 106(C).
- Leandro Gorno & Alessandro Rivello, 2020. "A Maximum Theorem for Incomplete Preferences," Papers 2007.09781, arXiv.org, revised Nov 2021.
- Leandro Gorno, 2018. "The structure of incomplete preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(1), pages 159-185, July.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2015.
"Harsanyi's Aggregation Theorem with Incomplete Preferences,"
American Economic Journal: Microeconomics, American Economic Association, vol. 7(1), pages 61-69, February.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2012. "Harsanyi's aggregation theorem with incomplete preferences," Post-Print halshs-00768894, HAL.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2013. "Harsanyi's aggregation theorem with incomplete preferences," THEMA Working Papers 2013-05, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2012. "Harsanyi's aggregation theorem with incomplete preferences," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00768894, HAL.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2014. "Harsanyi's aggregation theorem with incomplete preferences," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00941799, HAL.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2014. "Harsanyi's aggregation theorem with incomplete preferences," Documents de travail du Centre d'Economie de la Sorbonne 14002, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2014. "Harsanyi's aggregation theorem with incomplete preferences," Post-Print halshs-00941799, HAL.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2015. "Harsanyi's aggregation theorem with incomplete preferences," Post-Print hal-00964299, HAL.
- Eric Danan & Thilbault Gajdos & Jean-Marc Tallon, 2012. "Harsanyi's aggregation theorem with incomplete preferences," Documents de travail du Centre d'Economie de la Sorbonne 12082, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2015. "Harsanyi's aggregation theorem with incomplete preferences," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00964299, HAL.
- Eric Danan & Thibault Gajdos & Jean-Marc Tallon, 2015. "Harsanyi's aggregation theorem with incomplete preferences," PSE-Ecole d'économie de Paris (Postprint) hal-00964299, HAL.
- Eric Danan & Thibault Gajdos, 2015. "Harsanyi’s Aggregation Theorem with Incomplete Preferences," Post-Print hal-02979902, HAL.
- M. Ali Khan & Metin Uyanık, 2021.
"Topological connectedness and behavioral assumptions on preferences: a two-way relationship,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 411-460, March.
- M. Ali Khan & Metin Uyan{i}k, 2018. "Topological Connectedness and Behavioral Assumptions on Preferences: A Two-Way Relationship," Papers 1810.02004, arXiv.org, revised Oct 2018.
- Eric Danan, 2010.
"Randomization vs. Selection: How to Choose in the Absence of Preference?,"
Management Science, INFORMS, vol. 56(3), pages 503-518, March.
- Eric Danan, 2010. "Randomization vs. selection: How to choose in the absence of preference?," Post-Print hal-00872249, HAL.
- Aniruddha Ghosh & Mohammed Ali Khan & Metin Uyanik, 2022. "The Intermediate Value Theorem and Decision-Making in Psychology and Economics: An Expositional Consolidation," Games, MDPI, vol. 13(4), pages 1-24, July.
- Uyanik, Metin & Khan, M. Ali, 2022.
"The continuity postulate in economic theory: A deconstruction and an integration,"
Journal of Mathematical Economics, Elsevier, vol. 101(C).
- Metin Uyanik & M. Ali Khan, 2021. "The Continuity Postulate in Economic Theory: A Deconstruction and an Integration," Papers 2108.11736, arXiv.org, revised Jan 2022.
- Galaabaatar, Tsogbadral & Karni, Edi, 2012.
"Expected multi-utility representations,"
Mathematical Social Sciences, Elsevier, vol. 64(3), pages 242-246.
- Edi Karni & Tsogbadral Galaabaatar, 2012. "Expected Multi-Utility Representations," Economics Working Paper Archive 592, The Johns Hopkins University,Department of Economics.
- Tsogbadral Galaabaatar & Edi Karni, 2010. "Objective and Subjective Expected Utility with Incomplete Preferences," Economics Working Paper Archive 572, The Johns Hopkins University,Department of Economics.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2020.
"Utilitarianism with and without expected utility,"
Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 77-113.
- McCarthy, David & Mikkola, Kalle & Thomas, Teruji, 2016. "Utilitarianism with and without expected utility," MPRA Paper 72578, University Library of Munich, Germany.
- Dino Borie, 2016. "Additively Separable Preferences Without the Completeness Axiom: An Algebraic Approach," GREDEG Working Papers 2016-11, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- McClellon, Morgan, 2016. "Confidence models of incomplete preferences," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 30-34.
More about this item
Keywords
Lexicographic Expected utility theory; Order extension; Preorder;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:theord:v:81:y:2016:i:2:d:10.1007_s11238-015-9523-y. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.