Additively Separable Preferences Without the Completeness Axiom: An Algebraic Approach

Dino Borie ()

No 2016-11, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: A simple mathematical result characterizing a partially ordered mean groupoid is proved and used to study the problem of additively separable preferences on preordered Cartesian product set. This means that most of the economic theory based on separable preferences - expected utility,rank-dependent expected utility, qualitative probability, discounted utility - could be generalized to the multi-utility approach.

Keywords: Additive utility; Separable utility; Completeness axiom; Incomplete preferences (search for similar items in EconPapers)
JEL-codes: D80 D90 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2016-05
New Economics Papers: this item is included in nep-mic and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://195.220.190.85/GREDEG-WP-2016-11.pdf First version, 2016 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gre:wpaper:2016-11

Access Statistics for this paper

More papers in GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France Contact information at EDIRC.
Bibliographic data for series maintained by Patrice Bougette ().