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Conditional Preference Orders and their Numerical Representations

Samuel Drapeau and Asgar Jamneshan

Papers from arXiv.org

Abstract: We provide an axiomatic system modeling conditional preference orders which is based on conditional set theory. Conditional numerical representations are introduced, and a conditional version of the theorems of Debreu on the existence of numerical representations is proved. The conditionally continuous representations follow from a conditional version of Debreu's Gap Lemma the proof of which relies on a conditional version of the axiom of choice, free of any measurable selection argument. We give a conditional version of the von Neumann and Morgenstern representation as well as automatic conditional continuity results, and illustrate them by examples.

Date: 2014-10, Revised 2016-01
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Citations: View citations in EconPapers (3)

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