A Criterion for Comparing Strength of Preference with an Application to Bargaining

Hans Peters

Operations Research, 1992, vol. 40, issue 5, 1018-1022

Abstract: A criterion called “improving faster than” is proposed and characterized to compare the strength or preference of value functions. The result can be applied in decision models where no risk is involved or, at least, explicitly modeled. A bargaining theory example illustrates the criterion.

Keywords: decision analysis: theory; games/group decisions: bargaining (search for similar items in EconPapers)
Date: 1992
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Citations: View citations in EconPapers (6)

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