Conditional preference orders and their numerical representations
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Publication:268632
DOI10.1016/J.JMATECO.2015.12.004zbMATH Open1368.91091arXiv1410.5466OpenAlexW3123431732MaRDI QIDQ268632FDOQ268632
Authors: Samuel Drapeau, Asgar Jamneshan 
Publication date: 15 April 2016
Published in: Journal of Mathematical Economics (Search for Journal in Brave)
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.
Full work available at URL: https://arxiv.org/abs/1410.5466
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Cited In (12)
- Stochastic dynamic utilities and intertemporal preferences
- The number of preference orderings: a recursive approach
- The algebra of conditional sets and the concepts of conditional topology and compactness
- Numerical representation of acyclic preferences
- Numerical representation for lower quasi-continuous preferences
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- Representation of Conditional Preferences Under Uncertainty
- Preference structures and their numerical representations
- Title not available (Why is that?)
- Quasi-separable preferences
- Parameter-dependent stochastic optimal control in finite discrete time
- Measures and integrals in conditional set theory
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