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On the cardinal utility equivalence of biseparable preferences

Author

Listed:
  • Fabio Maccheroni

    (Università Bocconi and IGIER)

  • Massimo Marinacci

    (Università Bocconi and IGIER)

  • Jingni Yang

    (Australian National University)

Abstract

We establish a simple condition, based on the willingness to bet on events, under which two biseparable preferences have cardinally equivalent utilities

Suggested Citation

  • Fabio Maccheroni & Massimo Marinacci & Jingni Yang, 2022. "On the cardinal utility equivalence of biseparable preferences," Theory and Decision, Springer, vol. 92(3), pages 689-701, April.
    • Handle: RePEc:kap:theord:v:92:y:2022:i:3:d:10.1007_s11238-022-09877-w
    DOI: 10.1007/s11238-022-09877-w
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    References listed on IDEAS

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    7. Ghirardato, Paolo & Marinacci, Massimo, 2002. "Ambiguity Made Precise: A Comparative Foundation," Journal of Economic Theory, Elsevier, vol. 102(2), pages 251-289, February.
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