A folk meta-theorem in the foundations of utility theory (Q808975): Difference between revisions

A folk meta-theorem, called the Coduality Principle is presented that unifies the weak and strict preference approaches to utility theory. The Coduality Principle asserts that any well-formed formula involving weak preference is equivalent to a codual formula involving strict preference that is obtained by replacing every occurrence of a weak preference relation in the original formula with an equivalent codual relation.