Continuity and Monotonicity of Preferences and Probabilistic Equivalence
Theoretical Economics
2024-09-27 v1
Abstract
We show that probabilistic equivalence of a regret-based preference relationship over random variables is implied by a weak form of continuity and monotonicity.
Cite
@article{arxiv.2409.17529,
title = {Continuity and Monotonicity of Preferences and Probabilistic Equivalence},
author = {Sushil Bikhchandani and Uzi Segal},
journal= {arXiv preprint arXiv:2409.17529},
year = {2024}
}
Comments
5 pages, 0 figures