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Representing Preference Relations with Nontransitive Indifference by a Single Real-Valued Function

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Part of the book series: Theory and Decision Library ((TDLB,volume 35))

Abstract

Let ≺ be an interval order on a topological space (X, r), and let x ≺* y (x ≺** y) if and only if there exists ξ (there exists η) in X with xξ~ y (respectively, x~ ηy). Then ≺*~ and ≺**~ are complete preorders. In the particular case when ≺ is a semiorder, let x0 y if and only if either x ≺* y or x ≺** y. Then ≺ 0~ is a complete preorder, too. We present sufficient conditions for the existence of continuous utility functions representing ≺*~, ≺**~ and ≺ 0~ , by using the notion of strong separability of a preference relation, which was introduced by Chateauneuf.

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© 1997 Springer Science+Business Media Dordrecht

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Bosi, G., Isler, R. (1997). Representing Preference Relations with Nontransitive Indifference by a Single Real-Valued Function. In: Nau, R., Grønn, E., Machina, M., Bergland, O. (eds) Economic and Environmental Risk and Uncertainty. Theory and Decision Library, vol 35. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1360-3_18

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  • DOI: https://doi.org/10.1007/978-94-017-1360-3_18

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-90-481-4849-3

  • Online ISBN: 978-94-017-1360-3

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