A characterization of Cesàro average utility

A-Tier
Journal: Journal of Economic Theory
Year: 2022
Volume: 201
Issue: C

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Let X be a connected metric space, and let ⪰ be a weak order defined on a suitable subset of XN. We characterize when ⪰ has a Cesàro average utility representation. This means that there is a continuous real-valued function u on X such that, for all sequences x=(xn)n=1∞ and y=(yn)n=1∞ in the domain of ⪰, we have x⪰y if and only if the limit as N→∞ of the average value of u(x1),…,u(xN) is higher than limit as N→∞ of the average value of u(y1),…,u(yN). This has applications to decision theory, game theory, and intergenerational social choice.

Technical Details

RePEc Handle
repec:eee:jetheo:v:201:y:2022:i:c:s0022053122000308
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29