Utility representation of an incomplete preference relation

Efe A. Ok

doi:10.1006/jeth.2001.2814

Utility representation of an incomplete preference relation

Efe A. Ok

Research output: Contribution to journal › Article › peer-review

Abstract

We consider the problem of representing a (possibly) incomplete preference relation by means of a vector-valued utility function. Continuous and semicontinuous representation results are reported in the case of preference relations that are, in a sense, not "too incomplete." These results generalize some of the classical utility representation theorems of the theory of individual choice and paves the way towards developing a consumer theory that realistically allows individuals to exhibit some "indecisiveness" on occasion. Journal of Economic Literature Classification Number: D11.

Original language	English (US)
Pages (from-to)	429-449
Number of pages	21
Journal	Journal of Economic Theory
Volume	104
Issue number	2
DOIs	https://doi.org/10.1006/jeth.2001.2814
State	Published - 2002

Keywords

Incomplete preference relations
Partial orders
Utility representation

ASJC Scopus subject areas

Economics and Econometrics

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10.1006/jeth.2001.2814

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KW - Partial orders

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Utility representation of an incomplete preference relation

Abstract

Keywords

ASJC Scopus subject areas

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