期刊
INTERNATIONAL ECONOMIC REVIEW
卷 43, 期 4, 页码 1053-1080出版社
BLACKWELL PUBLISHERS
DOI: 10.1111/1468-2354.t01-1-00048
关键词
-
类别
We introduce a procedural model of risky choice in which an individual is endowed with a core preference relation that may be highly incomplete. She can, however, derive further rankings of alternatives from her core preferences by means of a procedure based on the independence axiom. We find that the preferences. that are generated from an initial set of rankings according to this procedure can be represented by means of a set of von Neumann-Morgenstern utility functions, thereby allowing for incompleteness of preference relations. The proposed theory also yields new characterizations of the stochastic dominance orderings.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据