Cardinal Utility from Intensity Comparisons.
Abstract
A proof that a cardinal utility function is determined if changes between outcomes, as well as the outcomes themselves, can be ranked in order of desirability. It is assumed that a numerical ordinal utility function with convex range is already given, and that the ranking of changes is continuous and enjoys a certain 'crossover' property that is characteristic of difference comparisons. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1975
- Accession Number
- ADA016424
Entities
People
- Lloyd Shapley
Organizations
- RAND Corporation