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Expected utility without bounds—A simple proof

David Dillenberger and R. Vijay Krishna

Journal of Mathematical Economics, 2014, vol. 52, issue C, 143-147

Abstract: We provide a simple proof for the existence of an expected utility representation of a preference relation with an unbounded and continuous utility function.

Keywords: Unbounded continuous utility; Weight/growth function (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:52:y:2014:i:c:p:143-147

DOI: 10.1016/j.jmateco.2013.12.011

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