A strict expected multi-utility theorem

B-Tier
Journal: Journal of Mathematical Economics
Year: 2017
Volume: 71
Issue: C
Pages: 92-95

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

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

Abstract

This paper integrates two key approaches to the representation of incomplete preferences over lotteries. The main result strengthens the conclusion of the expected multi-utility theorem in Dubra, Maccheroni, and Ok (2004) by ensuring that all utility indices involved are Aumann utilities (i.e., yield a strictly increasing expectation). The advantages of the method are demonstrated by parametrizing maximal elements and by providing a novel characterization of Aumann utilities.

Technical Details

RePEc Handle
repec:eee:mateco:v:71:y:2017:i:c:p:92-95
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25