Expected utility without bounds—A simple proof
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DOI: 10.1016/j.jmateco.2013.12.011
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- David M. Kreps, 2012. "Microeconomic Foundations I: Choice and Competitive Markets," Economics Books, Princeton University Press, edition 1, volume 1, number 9890.
- Grandmont, Jean-Michel, 1972. "Continuity properties of a von Neumann-Morgenstern utility," Journal of Economic Theory, Elsevier, vol. 4(1), pages 45-57, February.
- Peter C. Fishburn, 1976. "Unbounded Utility Functions in Expected Utility Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 163-168.
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- Michael Greinecker & Christoph Kuzmics, 2022. "Limit Orders and Knightian Uncertainty," Papers 2208.10804, arXiv.org.
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Keywords
Unbounded continuous utility; Weight/growth function;Statistics
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