EconPapers    
Economics at your fingertips  
 

Preferences for Shifts in Probabilities and Expected Utility Theory

David Cantala ()

Estudios Económicos, 2007, vol. 22, issue 1, 99-109

Abstract: We translate preferences over lotteries into preferences over “shifts in probabilities†. We define the independence axiom for such preferences. Next we construct and expected utility function to represent the preferences and present the corresponding additive geometry.

Keywords: expected utility theory; cardinality (search for similar items in EconPapers)
JEL-codes: D81 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/147/449

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:emx:esteco:v:22:y:2007:i:1:p:99-109

Access Statistics for this article

More articles in Estudios Económicos from El Colegio de México, Centro de Estudios Económicos Contact information at EDIRC.
Bibliographic data for series maintained by Ximena Varela ().

 
Page updated 2024-12-28
Handle: RePEc:emx:esteco:v:22:y:2007:i:1:p:99-109