/wp-content/themes/awp-enfold/blank.png 0 0 awp-admin /wp-content/themes/awp-enfold/blank.png awp-admin2017-08-15 18:20:422018-09-29 10:17:33Representation of strongly independent preorders by vector-valued functions
McCarthy, D., Mikkola, K., Thomas, T., Representation of strongly independent preorders by vector-valued functions. MPRA Paper No. 80806 (2017). Online Article | PDF | Abstract
We show that without assuming completeness or continuity, a strongly independent preorder on a possibly infinite dimensional convex set can always be given a vector-valued representation that naturally generalizes the standard expected utility representation. More precisely, it can be represented by a mixture-preserving function to a product of lexicographic function spaces.