Advanced Search
MyIDEAS: Login to save this paper or follow this series

Continuity and Completeness under Risk

Contents:

Author Info

  • Juan Dubra

    ()
    (Universidad de Montevideo)

Abstract

Suppose some non-degenerate preferences R, with strict part P, over risky outcomes satisfy Independence. Then, when they satisfy any two of the following axioms, they satisfy the third. Herstein-Milnor: for all lotteries p,q,r, the set of a's for which ap+(1-a)qRr is closed. Archimedean: for all p,q,r there exists a>0 such that if pPq, then ap+(1-a)rPq. Complete: for all p,q, either pRq or qRp.

(This abstract was borrowed from another version of this item.)

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.um.edu.uy/docs/working_paper_um_cee_2010_04.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Facultad de Ciencias Empresariales y Economia. Universidad de Montevideo. in its series Documentos de Trabajo/Working Papers with number 1004.

as in new window
Length:
Date of creation: 2010
Date of revision:
Handle: RePEc:mnt:wpaper:1004

Contact details of provider:
Postal: Prudencio de Pena 2440, Montevideo 11600
Web page: http://www.um.edu.uy/cee/
More information through EDIRC

Related research

Keywords:

Other versions of this item:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Juan Dubra & Fabio Maccheroni & Efe Oki, 2001. "Expected utility theory without the completeness axiom," ICER Working Papers - Applied Mathematics Series 11-2001, ICER - International Centre for Economic Research.
  2. Schmeidler, David, 1971. "A Condition for the Completeness of Partial Preference Relations," Econometrica, Econometric Society, vol. 39(2), pages 403-04, March.
  3. Karni, Edi, 2007. "Archimedean and continuity," Mathematical Social Sciences, Elsevier, vol. 53(3), pages 332-334, May.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Özgür Evren, 2012. "Scalarization Methods and Expected Multi-Utility Representations," Working Papers w0174, Center for Economic and Financial Research (CEFIR).
  2. Georgios Gerasimou, 2013. "On continuity of incomplete preferences," Social Choice and Welfare, Springer, vol. 41(1), pages 157-167, June.
  3. Edi Karni & Tsogbadral Galaabaatar, 2012. "Expected Multi-Utility Representations," Economics Working Paper Archive 592, The Johns Hopkins University,Department of Economics.
  4. Tsogbadral Galaabaatar & Edi Karni, 2010. "Objective and Subjective Expected Utility with Incomplete Preferences," Economics Working Paper Archive 572, The Johns Hopkins University,Department of Economics.
  5. Karni, Edi, 2011. "Continuity, completeness and the definition of weak preferences," Mathematical Social Sciences, Elsevier, vol. 62(2), pages 123-125, September.
  6. Galaabaatar, Tsogbadral & Karni, Edi, 2012. "Expected multi-utility representations," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 242-246.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mnt:wpaper:1004. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Verónica Gil).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.