Abstract
This paper presents an ordinal definition of smoothness of a preference functional on the space of probability distributions with supports in Rn. A theorem is provided which translates propositions in expected utility into corresponding propositions for the class of smooth preferences.
Original language | English |
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Pages (from-to) | 186-193 |
Number of pages | 8 |
Journal | Journal of Economic Theory |
Volume | 46 |
Issue number | 1 |
DOIs | |
State | Published - Oct 1988 |