Ganguli, Jayant and Heifetz, Aviad and Lee, Byung Soo (2016) Universal interactive preferences. Journal of Economic Theory, 162. pp. 237-260. DOI https://doi.org/10.1016/j.jet.2015.12.012
Ganguli, Jayant and Heifetz, Aviad and Lee, Byung Soo (2016) Universal interactive preferences. Journal of Economic Theory, 162. pp. 237-260. DOI https://doi.org/10.1016/j.jet.2015.12.012
Ganguli, Jayant and Heifetz, Aviad and Lee, Byung Soo (2016) Universal interactive preferences. Journal of Economic Theory, 162. pp. 237-260. DOI https://doi.org/10.1016/j.jet.2015.12.012
Abstract
We prove that a universal preference type space exists under more general conditions than those postulated by Epstein and Wang (1996). To wit, it suffices that preferences can be encoded monotonically in rich enough ways by collections of continuous, monotone real-valued functionals over acts, which determine?even in discontinuous fashion?the preferences over limit acts. The proof relies on a generalization of the method developed by Heifetz and Samet (1998a).
Item Type: | Article |
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Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 04 Jan 2016 10:39 |
Last Modified: | 06 Jan 2022 13:41 |
URI: | http://repository.essex.ac.uk/id/eprint/15728 |
Available files
Filename: 1-s2.0-S0022053115002239-main.pdf