An Axiomatic Model of Unbounded Utility Functions

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...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Mathematics of Operations Research. - Institute for Operations Research and the Management Sciences. - 11(1986), 1, Seite 81-94
1. Verfasser: Toulet, Claude (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1986
Zugriff auf das übergeordnete Werk:Mathematics of Operations Research
Schlagworte:Utility Decision theory Unbounded utility functions Economics Mathematics Law Philosophy Behavioral sciences
LEADER 01000caa a22002652 4500
001 JST056877927
003 DE-627
005 20240622025841.0
007 cr uuu---uuuuu
008 150324s1986 xx |||||o 00| ||eng c
035 |a (DE-627)JST056877927 
035 |a (JST)3690054 
040 |a DE-627  |b ger  |c DE-627  |e rakwb 
041 |a eng 
084 |a 90D30  |2 MSC 
084 |a 90A10  |2 MSC 
100 1 |a Toulet, Claude  |e verfasserin  |4 aut 
245 1 3 |a An Axiomatic Model of Unbounded Utility Functions 
264 1 |c 1986 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a 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 objective probabilities. This paper presents an axiomatic model of decision, inspired by Savage's point of view, which enables one to include in the theory unbounded utility functions, frequently used in concrete situations of decision. 
540 |a Copyright 1986 The Institute of Management Sciences/Operations Research Society of America 
650 4 |a Utility 
650 4 |a Decision theory 
650 4 |a Unbounded utility functions 
650 4 |a Economics  |x Microeconomics  |x Economic utility  |x Utility functions 
650 4 |a Economics  |x Microeconomics  |x Economic utility  |x Expected utility 
650 4 |a Mathematics  |x Mathematical expressions  |x Axioms 
650 4 |a Law  |x Civil law  |x Property law  |x Intellectual property law  |x Industrial property  |x Utility models 
650 4 |a Philosophy  |x Logic  |x Logical topics  |x Formal logic  |x Mathematical logic  |x Logicism  |x Axiomatization 
650 4 |a Philosophy  |x Logic  |x Logical argument  |x Counterexamples 
650 4 |a Mathematics  |x Mathematical objects  |x Mathematical sequences  |x Increasing sequences 
650 4 |a Mathematics  |x Applied mathematics  |x Statistics  |x Applied statistics  |x Descriptive statistics  |x Statistical distributions  |x Distribution functions  |x Probability distributions 
650 4 |a Mathematics 
650 4 |a Behavioral sciences  |x Psychology  |x Cognitive psychology  |x Decision theory 
655 4 |a research-article 
773 0 8 |i Enthalten in  |t Mathematics of Operations Research  |d Institute for Operations Research and the Management Sciences  |g 11(1986), 1, Seite 81-94  |w (DE-627)320435318  |w (DE-600)2004273-5  |x 15265471  |7 nnns 
773 1 8 |g volume:11  |g year:1986  |g number:1  |g pages:81-94 
856 4 0 |u https://www.jstor.org/stable/3690054  |3 Volltext 
912 |a GBV_USEFLAG_A 
912 |a SYSFLAG_A 
912 |a GBV_JST 
912 |a GBV_ILN_11 
912 |a GBV_ILN_20 
912 |a GBV_ILN_22 
912 |a GBV_ILN_23 
912 |a GBV_ILN_24 
912 |a GBV_ILN_31 
912 |a GBV_ILN_32 
912 |a GBV_ILN_39 
912 |a GBV_ILN_40 
912 |a GBV_ILN_60 
912 |a GBV_ILN_62 
912 |a GBV_ILN_63 
912 |a GBV_ILN_65 
912 |a GBV_ILN_69 
912 |a GBV_ILN_70 
912 |a GBV_ILN_90 
912 |a GBV_ILN_95 
912 |a GBV_ILN_100 
912 |a GBV_ILN_110 
912 |a GBV_ILN_120 
912 |a GBV_ILN_152 
912 |a GBV_ILN_187 
912 |a GBV_ILN_224 
912 |a GBV_ILN_285 
912 |a GBV_ILN_374 
912 |a GBV_ILN_702 
912 |a GBV_ILN_2001 
912 |a GBV_ILN_2003 
912 |a GBV_ILN_2005 
912 |a GBV_ILN_2006 
912 |a GBV_ILN_2007 
912 |a GBV_ILN_2008 
912 |a GBV_ILN_2009 
912 |a GBV_ILN_2010 
912 |a GBV_ILN_2011 
912 |a GBV_ILN_2014 
912 |a GBV_ILN_2015 
912 |a GBV_ILN_2018 
912 |a GBV_ILN_2020 
912 |a GBV_ILN_2021 
912 |a GBV_ILN_2026 
912 |a GBV_ILN_2027 
912 |a GBV_ILN_2034 
912 |a GBV_ILN_2044 
912 |a GBV_ILN_2048 
912 |a GBV_ILN_2050 
912 |a GBV_ILN_2055 
912 |a GBV_ILN_2056 
912 |a GBV_ILN_2057 
912 |a GBV_ILN_2059 
912 |a GBV_ILN_2061 
912 |a GBV_ILN_2065 
912 |a GBV_ILN_2068 
912 |a GBV_ILN_2088 
912 |a GBV_ILN_2106 
912 |a GBV_ILN_2107 
912 |a GBV_ILN_2108 
912 |a GBV_ILN_2110 
912 |a GBV_ILN_2111 
912 |a GBV_ILN_2112 
912 |a GBV_ILN_2113 
912 |a GBV_ILN_2118 
912 |a GBV_ILN_2122 
912 |a GBV_ILN_2129 
912 |a GBV_ILN_2143 
912 |a GBV_ILN_2147 
912 |a GBV_ILN_2148 
912 |a GBV_ILN_2152 
912 |a GBV_ILN_2153 
912 |a GBV_ILN_2190 
912 |a GBV_ILN_2232 
912 |a GBV_ILN_2472 
912 |a GBV_ILN_2938 
912 |a GBV_ILN_2941 
912 |a GBV_ILN_2947 
912 |a GBV_ILN_2949 
912 |a GBV_ILN_2950 
912 |a GBV_ILN_4012 
912 |a GBV_ILN_4035 
912 |a GBV_ILN_4037 
912 |a GBV_ILN_4046 
912 |a GBV_ILN_4112 
912 |a GBV_ILN_4125 
912 |a GBV_ILN_4126 
912 |a GBV_ILN_4242 
912 |a GBV_ILN_4246 
912 |a GBV_ILN_4249 
912 |a GBV_ILN_4251 
912 |a GBV_ILN_4305 
912 |a GBV_ILN_4306 
912 |a GBV_ILN_4307 
912 |a GBV_ILN_4313 
912 |a GBV_ILN_4322 
912 |a GBV_ILN_4323 
912 |a GBV_ILN_4324 
912 |a GBV_ILN_4325 
912 |a GBV_ILN_4326 
912 |a GBV_ILN_4335 
912 |a GBV_ILN_4338 
912 |a GBV_ILN_4346 
912 |a GBV_ILN_4392 
912 |a GBV_ILN_4393 
912 |a GBV_ILN_4700 
951 |a AR 
952 |d 11  |j 1986  |e 1  |h 81-94