Bernoullian Utilities for Multiple-Factor Situations
Abstract
Within the context of von Neumann-Morgenstern expected utility theory for n attributes, the paper presents axioms on preferences that are necessary and sufficient for the existence of a particular form of utility function that involves sums and product of real functions on the several attributes.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1972
- Accession Number
- AD0752488
Entities
People
- Peter C. Fishburn
Organizations
- Pennsylvania State University