An axiomatic characterization of skew-symmetric bilinear functionals,with applications to utility theory |
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Authors: | PC Fishburn |
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Institution: | Bell Laboratories, Murray Hill, NJ 07974, USA |
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Abstract: | Axioms for two generalizations of von Neumann-Morgenstern linear utility are described. The first represents preferences between risky prospects by the positive part of a skew-symmetric bilinear functional; the second is based on quotients of linear functionals. |
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