Savagés theorem with a finite number of states

Faruk R. Gul

doi:10.1016/S0022-0531(05)80042-0

Savagés theorem with a finite number of states

Faruk R. Gul

Research output: Contribution to journal › Article › peer-review

51 Scopus citations

Abstract

Conditions which guarantee the existence of a (subjective) expected utility representation of preferences, when the state space is finite, are presented. The key assumptions are continuity and an analogue of the independence axiom.

Original language	English (US)
Pages (from-to)	99-110
Number of pages	12
Journal	Journal of Economic Theory
Volume	57
Issue number	1
DOIs	https://doi.org/10.1016/S0022-0531(05)80042-0
State	Published - Jan 1 1992
Externally published	Yes

All Science Journal Classification (ASJC) codes

Economics and Econometrics

Access to Document

10.1016/S0022-0531(05)80042-0

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