Abstract
This paper examines an interval ordered structure in risky decision making and proves the existence of expected utility with a threshold function. Our interval ordered structure shows that the threshold function is a nonnegative linear functional. We also explore a special structure which gives a nonnegative constant threshold function.
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© 1987 Springer-Verlag Berlin Heidelberg
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Nakamura, Y. (1987). Expected Utility with a Threshold Function. In: Sawaragi, Y., Inoue, K., Nakayama, H. (eds) Toward Interactive and Intelligent Decision Support Systems. Lecture Notes in Economics and Mathematical Systems, vol 286. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46609-0_19
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DOI: https://doi.org/10.1007/978-3-642-46609-0_19
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-17719-7
Online ISBN: 978-3-642-46609-0
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