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Representations of preorders by strong multi-objective functions

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  • Alcantud, José Carlos R.
  • Bosi, Gianni
  • Zuanon, Magalì

Abstract

We introduce a new kind of representation of a not necessarily total preorder, called strong multi-utility representation, according to which not only the preorder itself but also its strict part is fully represented by a family of multi-objective functions. The representability by means of semicontinuous or continuous multi-objective functions is discussed, as well as the relation between the existence of a strong multi-utility representation and the existence of a Richter-Peleg utility function. We further present conditions for the existence of a semicontinuous or continuous countable strong multi-utility representation.

Suggested Citation

  • Alcantud, José Carlos R. & Bosi, Gianni & Zuanon, Magalì, 2013. "Representations of preorders by strong multi-objective functions," MPRA Paper 52329, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:52329
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    References listed on IDEAS

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    3. Juan Dubra & Fabio Maccheroni & Efe A. Ok, 2004. "Expected Utility Without the Completeness Axiom," Yale School of Management Working Papers ysm404, Yale School of Management.
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    7. Herden, Gerhard & Levin, Vladimir L., 2012. "Utility representation theorems for Debreu separable preorders," Journal of Mathematical Economics, Elsevier, vol. 48(3), pages 148-154.
    8. Bosi, Gianni & Herden, Gerhard, 2012. "Continuous multi-utility representations of preorders," Journal of Mathematical Economics, Elsevier, vol. 48(4), pages 212-218.
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    12. Evren, Özgür & Ok, Efe A., 2011. "On the multi-utility representation of preference relations," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 554-563.
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    Cited by:

    1. Pedro Hack & Daniel A. Braun & Sebastian Gottwald, 2022. "On a geometrical notion of dimension for partially ordered sets," Papers 2203.16272, arXiv.org, revised Sep 2022.
    2. Pedro Hack & Daniel A. Braun & Sebastian Gottwald, 2022. "Representing preorders with injective monotones," Theory and Decision, Springer, vol. 93(4), pages 663-690, November.
    3. Pedro Hack & Daniel A. Braun & Sebastian Gottwald, 2022. "The classification of preordered spaces in terms of monotones: complexity and optimization," Papers 2202.12106, arXiv.org, revised Aug 2022.
    4. Alcantud, José Carlos R. & Dubey, Ram Sewak, 2014. "Ordering infinite utility streams: Efficiency, continuity, and no impatience," Mathematical Social Sciences, Elsevier, vol. 72(C), pages 33-40.

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    More about this item

    Keywords

    Multi-utility representation; Richter-Peleg utility; Strong multi-utility;
    All these keywords.

    JEL classification:

    • C0 - Mathematical and Quantitative Methods - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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