Conditional preference orders and their numerical representations
From MaRDI portal
Abstract: We provide an axiomatic system modeling conditional preference orders which is based on conditional set theory. Conditional numerical representations are introduced, and a conditional version of the theorems of Debreu on the existence of numerical representations is proved. The conditionally continuous representations follow from a conditional version of Debreu's Gap Lemma the proof of which relies on a conditional version of the axiom of choice, free of any measurable selection argument. We give a conditional version of the von Neumann and Morgenstern representation as well as automatic conditional continuity results, and illustrate them by examples.
Recommendations
- Representation of Conditional Preferences Under Uncertainty
- On the representation of preference orders on sequence spaces
- Numerical representation for lower quasi-continuous preferences
- Numerical representations of imperfectly ordered preferences (A unified geometric exposition)
- Numerical representation of acyclic preferences
Cites work
- scientific article; zbMATH DE number 3092990 (Why is no real title available?)
- A Definition of Subjective Probabilities with State-Dependent Preferences
- A theory of subjective learning
- Conditional Expected Utility
- Conditional and dynamic convex risk measures
- Conditional certainty equivalent
- Conditioning and Aggregation of Preferences
- Continuity Properties of Paretian Utility
- Dynamic assessment indices
- Dynamic coherent acceptability indices and their applications to finance
- Dynamic monetary risk measures for bounded discrete-time processes
- Dynamic variational preferences
- Expected utility theory without the completeness axiom.
- Indifference or indecisiveness? Choice-theoretic foundations of incomplete preferences
- Introduction to Boolean Algebras
- Learning the Krepsian state: exploration through consumption
- On the multi-utility representation of preference relations
- Recursiveness of indifference prices and translation-invariant preferences
- Revealed Preference Theory
- Risk assessment for uncertain cash flows: model ambiguity, discounting ambiguity, and the role of bubbles
- Risk preferences and their robust representation
- Separation and duality in locally \(L^0\)-convex modules
- Stochastic Differential Utility
- Stochastic finance. An introduction in discrete time
- Subjective expected utility theory with state-dependent preferences
- Subjective probabilities for state dependent continuous utility
- Subjective probability under additive aggregation of conditional preferences
- Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
- Temporal Resolution of Uncertainty and Dynamic Choice Theory
- Temporal von Neumann-Morgenstern and induced preferences
- The algebra of conditional sets and the concepts of conditional topology and compactness
- Theory of games and economic behavior.
- Uncertainty averse preferences
- Utility Functions for Partially Ordered Topological Spaces
- Utility Theory without the Completeness Axiom
Cited in
(13)- Stochastic dynamic utilities and intertemporal preferences
- The number of preference orderings: a recursive approach
- Numerical representation of acyclic preferences
- The algebra of conditional sets and the concepts of conditional topology and compactness
- Numerical representation for lower quasi-continuous preferences
- Preference orderings represented by coherent upper and lower conditional previsions
- Preference modeling on totally ordered sets by the Sugeno integral
- Representation of Conditional Preferences Under Uncertainty
- Preference structures and their numerical representations
- scientific article; zbMATH DE number 6983478 (Why is no real title available?)
- Quasi-separable preferences
- Parameter-dependent stochastic optimal control in finite discrete time
- Measures and integrals in conditional set theory
This page was built for publication: Conditional preference orders and their numerical representations
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q268632)
