Accession Number : AD0786191
Title : Separation Theorems and Expected Utilities.
Descriptive Note : Technical rept.,
Corporate Author : PENNSYLVANIA STATE UNIV UNIVERSITY PARK COLL OF BUSINESS ADMINISTRATION
Personal Author(s) : Fishburn,Peter C.
Report Date : SEP 1974
Pagination or Media Count : 32
Abstract : This paper presents a number of separation theorems for linear spaces, then explores the relationships between these theorems and expected utility theory. Three topics in expected utility are discussed: axioms for expected utility; unanimous expectations; and revealed preference and indifference in situations of decision making under risk. (Author)
Descriptors : *Economic models, *Decision making, *Risk, Linear programming, Game theory, Convex sets, Vector spaces, Boolean algebra, Theorems
Subject Categories : Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE