Many good choice axioms: When can many-good lotteries be treated as money lotteries?

DOI10.1016/0022-0531(92)90085-VzbMath0763.90007WikidataQ114685251 ScholiaQ114685251MaRDI QIDQ1190246

Simon Grant, Ben Polak, Atsushi Kajii

Publication date: 27 September 1992

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

ADIindependence axiommany-good lottery preferences

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Related Items (11)

The preservation of multivariate comparative statics in nonexpected utility theory ⋮ Utility theory with probability dependent outcome valuation: Extensions and applications ⋮ The mass transfer approach to multivariate discrete first order stochastic dominance: direct proof and implications ⋮ Mixture independence foundations for expected utility ⋮ First-order dominance: stronger characterization and a bivariate checking algorithm ⋮ Consumer surplus analysis under uncertainty: a general equilibrium perspective ⋮ Many good risks: An interpretation of multivariate risk and risk aversion without the independence axiom ⋮ Local Utility and Multivariate Risk Aversion ⋮ Intrinsic preference for information ⋮ Decomposable choice under uncertainty ⋮ On risk aversion with two risks

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