A generalization of Rader's utility representation theorem
Rader's utility representation theorem guarantees the existence of an upper semicontinuous utility function for any upper semicontinuous total preorder on a second countable topological space. In this paper we present a generalization of Rader's theorem to not necessarily total preorders that are weakly upper semicontinuous.
|Date of creation:||09 Aug 2010|
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- Bosi, G. & Mehta, G. B., 2002. "Existence of a semicontinuous or continuous utility function: a unified approach and an elementary proof," Journal of Mathematical Economics, Elsevier, vol. 38(3), pages 311-328, November.
- Alcantud, J. C. R. & Rodriguez-Palmero, C., 1999. "Characterization of the existence of semicontinuous weak utilities," Journal of Mathematical Economics, Elsevier, vol. 32(4), pages 503-509, December.
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