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Universal interactive preferences

Ganguli, Jayant and Heifetz, Aviad and Lee, Byung Soo (2016) 'Universal interactive preferences.' Journal of Economic Theory, 162. 237 - 260. ISSN 0022-0531

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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
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 04 Jan 2016 10:39
Last Modified: 09 Oct 2020 16:15
URI: http://repository.essex.ac.uk/id/eprint/15728

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