Strength of preference and cardinal utility
Veronika Köbberling ()
Economic Theory, 2006, vol. 27, issue 2, 375-391
Abstract:
This paper provides simpler and more general preference foundations for difference representations than known before and shows how to obtain cardinal utility from those difference representations. In addition, this paper unifies all earlier derivations of cardinal utility by showing that they are implied as direct corollaries. Copyright Springer-Verlag Berlin/Heidelberg 2006
Keywords: Cardinal utility; Strength of preference; Difference relation. (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:joecth:v:27:y:2006:i:2:p:375-391
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DOI: 10.1007/s00199-005-0598-5
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