A NOTE ABOUT THE DIFFERENT CHARACTERIZATIONS OF THE EXPECTED UTILITY THEOREM

A NOTE ABOUT THE DIFFERENT CHARACTERIZATIONS OF THE EXPECTED UTILITY THEOREM

En este trabajo se muestra la equivalencia axiomática entre las distintas caracterizaciones del Teorema de la Utilidad Esperada propuestas por Mas-Colell et al. (1995), Jehle y Reny (2011), Maschler et al. (2013) y Rubinstein (2012). Se utiliza un lenguaje general que unifica la notación y se propon...

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Veröffentlicht in:Estudios económicos de el Colegio de México 2023-06, Vol.38 (1), p.167-181
Hauptverfasser: Zarur, Karla Flores, López, William José Olvera, Pérez, Leobardo Plata
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container_title Estudios económicos de el Colegio de México
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description En este trabajo se muestra la equivalencia axiomática entre las distintas caracterizaciones del Teorema de la Utilidad Esperada propuestas por Mas-Colell et al. (1995), Jehle y Reny (2011), Maschler et al. (2013) y Rubinstein (2012). Se utiliza un lenguaje general que unifica la notación y se propone una definición recursiva del espacio de loterías de la Teoría de la Utilidad Esperada. In this work, we prove the axiomatic equivalence of several characterizations of the Expected Utility Theorem proposed by Mas-Colell et al. (1995), Jehle and Reny (2011), Maschler et al. (2013), and Rubinstein (2012). A general language is used for unifying the notation, and we introduce a recursive definition of the lottery space in the Expected Utility Theory.
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Nota
title A NOTE ABOUT THE DIFFERENT CHARACTERIZATIONS OF THE EXPECTED UTILITY THEOREM
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