An alternate approach to axiomatizations of the von Neumann-Morgenstern characteristic function (Q912773)
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scientific article; zbMATH DE number 4145702
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | An alternate approach to axiomatizations of the von Neumann-Morgenstern characteristic function |
scientific article; zbMATH DE number 4145702 |
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An alternate approach to axiomatizations of the von Neumann-Morgenstern characteristic function (English)
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1988
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The paper treats the classical problem of defining a characteristic function as a utility representation of preferences on probability distributions over the set of coalitions. The axiomatization is extended to the case of rational probabilities and further to the situation where preferences are complete only on pure coalitions.
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utility representation of preferences
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probability distributions over the set of coalitions
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rational probabilities
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