Related papers: Expected utility theory on mixture spaces without …
In this paper, we show that the presence of the Archimedean and the mixture-continuity properties of a binary relation, both empirically non-falsifiable in principle, foreclose the possibility of consistency (transitivity) without…
We obtain variants of the classical von Neumann-Morgenstern expected utility theorem, with and without the completeness axiom, in which the derived Bernoulli utility functions are Lipschitz. The prize space in these results is an arbitrary…
In this article, we introduce mixture representations for likelihood ratio ordered distributions. Essentially, the ratio of two probability densities, or mass functions, is monotone if and only if one can be expressed as a mixture of…
Let $\succsim$ be a binary relation on the set of simple lotteries over a countable outcome set $Z$. We provide necessary and sufficient conditions on $\succsim$ to guarantee the existence of a set $U$ of von Neumann--Morgenstern utility…
We advance a general theory of coherent preference that surrenders restrictions embodied in orthodox doctrine. This theory enjoys the property that any preference system admits extension to a complete system of preferences, provided it…
Utility representations of preference relations in symmetric topological spaces have the advantage of fully characterising these relations. But, this is not true in the case of representations of preference relations that are mostly…
The aim of this article is to define a notion of cardinal utility function called measurable utility and to define it on a connected and separable subset of a weakly ordered topological space. The definition is equivalent to the ones given…
In the present paper we study necessary and sufficient conditions for the existence of a semicontinuous and finite Richter-Peleg multi-utility for a preorder. It is well know that, given a preorder on a topological space, if there is a…
We introduce high staircase infinite measure preserving transformations and prove that they are mixing under a restricted growth condition. This is used to (i) realize each subset $E\subset\Bbb N\cup\{\infty\}$ as the set of essential…
In applications it is useful to know whether a topological preordered space is normally preordered. It is proved that every $k_\omega$-space equipped with a closed preorder is a normally preordered space. Furthermore, it is proved that…
We prove that any strongly mixing action of a countable abelian group on a probability space has higher order mixing properties. This is achieved via introducing and utilizing $\mathcal R$-limits, a notion of convergence which is based on…
Mixed monotone systems form an important class of nonlinear systems that have recently received attention in the abstraction-based control design area. Slightly different definitions exist in the literature, and it remains a challenge to…
Motivated by recent advances in solution methods for mixed-integer convex optimization (MICP), we study the fundamental and open question of which sets can be represented exactly as feasible regions of MICP problems. We establish several…
This paper introduces a space of variable lotteries and proves a constructive version of the expected utility theorem. The word ``constructive'' is used here in two senses. First, as in constructive mathematics, the logic underlying proofs…
Let $\precsim$ be a reflexive binary relation on a topological space $(X, \tau )$. A pair $(u,v)$ of continuous real-valued functions on $(X, \tau )$ is said to be a {\em continuous representation} of $\precsim$ if, for all $x,y \in X$,…
We introduce a new class of real-valued monotones in preordered spaces, injective monotones. We show that the class of preorders for which they exist lies in between the class of preorders with strict monotones and preorders with countable…
Let $X$ be an arbitrary set. Then a topology $t$ on $X$ is said to be completely useful if every upper semicontinuous linear (total) preorder $\precsim$ on $X$ can be represented by an upper semicontinuous real-valued order preserving…
A central problem in the study of resource theories is to find functions that are nonincreasing under resource conversions - termed monotones - in order to quantify resourcefulness. Various constructions of monotones appear in many…
The continuity problem, i.e., the question whether effective maps between effectively given topological spaces are effectively continuous, is reconsidered. In earlier work it was shown that this is always the case, if the effective map also…
Choice functions constitute a simple, direct and very general mathematical framework for modelling choice under uncertainty. In particular, they are able to represent the set-valued choices that appear in imprecise-probabilistic decision…