An Axiomatic Model of Unbounded Utility Functions
Savage's theory of qualitative personal probabilities leads to a representation of preferences by bounded utility functions. It is possible to relieve boundedness by relaxing the too strong hypothesis of a complete ordering among the decisions. Such an attempt has already been made for objectiv...
| Veröffentlicht in: | Mathematics of Operations Research. - Institute for Operations Research and the Management Sciences. - 11(1986), 1, Seite 81-94 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
1986
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| Zugriff auf das übergeordnete Werk: | Mathematics of Operations Research |
| Schlagworte: | Utility Decision theory Unbounded utility functions Economics Mathematics Law Philosophy Behavioral sciences |
| Online verfügbar |
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