IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series


  • Wilthien, P.-H.
Registered author(s):

    The initial goal of this paper was to study how to characterize the behavior of an EU maximiser decision maler according to the sign of u[p], p-th derivative of his utility function. The answer is well-known for u', u'', has been studied for u''' (Menezes, Geiss ant Tressler, Kimball), u'''' (Kimball). In a general case, the answer to this question led us to introduce two categories of properties concerning the preferences of the decision maker. These properties that we call p-order downside-mindedness (increasing or decreasing) consist in a particular attention paid by the decision maker to lower values of prizes (in risk theory) or poorer individuals (in inequality theory). Roughly speaking, a p-downside-increasing-minded (pDIM) decision maker prefers, after a defined process that the lower value concerned be increased. Thus these properties are defined in a very general framework and are not restricted to utilitarian model. However we show that in utilitarian model, the sign of the p-th derivative of utility function is given if and only if the decision maker is p-downside-increasing-minded or p-downside-decreasing-minded for every p=1,2,....

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Papiers d'Economie Mathématique et Applications with number 1999-97.

    in new window

    Length: 20 pages
    Date of creation: 1999
    Date of revision:
    Handle: RePEc:fth:pariem:1999-97
    Contact details of provider: Postal: France; Universite de Paris I - Pantheon- Sorbonne, 12 Place de Pantheon-75005 Paris, France
    Phone: + 33 44 07 81 00
    Fax: + 33 1 44 07 83 01
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

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

    When requesting a correction, please mention this item's handle: RePEc:fth:pariem:1999-97. 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: (Thomas Krichel)

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.