AN AXIOMATIC APPROACH TO MEASURABLE UTILITY,

Abstract

Previous treatments of this approach brought topological considerations of the prospects space into the axioms. In this paper considerations of the topology of the prospect space itself are removed, the previous axioms are weakened an infinite number of sure prospects are allowed. On the basis of these axioms the existence of a measurable utility is established.

Document Details

Document Type
Technical Report
Publication Date
Aug 12, 1952
Accession Number
AD0604140

Entities

People

  • I. N. Herstein
  • John Milnor

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Contract Administration
  • Contracts
  • Economics
  • Geometry
  • Military Research
  • Topology

Fields of Study

  • Economics

Readers

  • Graph Algorithms and Convex Optimization.
  • Theoretical Analysis.

Technology Areas

  • Space