Extending Utility Functions on Arbitrary Sets
Optimization and Control
2023-09-26 v2 Data Structures and Algorithms
General Topology
Abstract
We consider the problem of extending a function defined on a subset of an arbitrary set to strictly monotonically with respect to a preorder defined on , without imposing continuity constraints. We show that whenever has a utility representation, is extendable if and only if it is gap-safe increasing. A class of extensions involving an arbitrary utility representation of is proposed and investigated. Connections to related topological results are discussed. The condition of extendability and the form of the extension are simplified when is a Pareto set.
Keywords
Cite
@article{arxiv.2212.03394,
title = {Extending Utility Functions on Arbitrary Sets},
author = {Pavel Chebotarev},
journal= {arXiv preprint arXiv:2212.03394},
year = {2023}
}
Comments
21 pages, 1 figure. A revised version