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Utility Representation of an Incomplete Preference Relation (2000)
by
Efe A. Ok
| Citations: | 64 - 6 self |
BibTeX
@MISC{Ok00utilityrepresentation,
author = {Efe A. Ok},
title = {Utility Representation of an Incomplete Preference Relation},
year = {2000}
}
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Abstract
We consider the problem of representing a (possibly) incomplete preference relation by means of a vector-valued utility function. Continuous and semicontinuous representation results are reported in the case of preference relations that are, in a sense, not “too incomplete.” These results generalize some of the classical utility representation theorems of the theory of individual choice, and paves the way towards developing a consumer theory that realistically allows individuals to exhibit some “indecisiveness” on occasion.
