The note is concerned to these questions: (1) Are convex sets the only examples of mixture sets? (2) If not, how should Herstein and Milnor's axioms be strengthened in order to characterize convex sets? These questions and other related are treated.
Recommendations
Cites work
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Cited in
(13)- Non-binary choice in a non-deterministic model
- Axioms for measuring utility on partial mixture sets
- Utilitarianism with and without expected utility
- Expected utility theory on mixture spaces without the completeness axiom
- The intermediate value theorem and decision-making in psychology and economics: an expositional consolidation
- On expected utility theorems on mixture sets
- Completeness and transitivity of preferences on mixture sets
- On the axiomatization of convex subsets of Banach spaces
- Lexicographic expected utility without completeness
- Mixed theories
- Mixture sets on finite domains
- ∀ or ∃?
- Mixture-betweenness: uncertainty and commitment
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