Related papers: Expected multi-utility representations of preferen…

We present a theory of expected utility with state-dependent linear utility functions for monetary returns, that incorporates the possibility of loss-aversion. Our results relate to first order stochastic dominance, mean-preserving spread,…

Richard Cox [1] set the axiomatic foundations of probable inference and the algebra of propositions. He showed that consistency within these axioms requires certain rules for updating belief. In this paper we use the analogy between…

We show that the finite satisfiability problem for the unary negation fragment with arbitrary number of transitive relations is decidable and 2-ExpTime-complete. Our result actually holds for a more general setting in which one can require…

We prove some new results and unify the proofs of old ones involving complete monotonicity of expressions involving gamma and $q$-gamma functions, $0 < q < 1$. Each of these results implies the infinite divisibility of a related probability…

We show that each member of a doubly infinite sequence of highly nonlinear expressions of Bernoulli polynomials, which can be seen as linear combinations of certain higher-order convolutions, is a multiple of a specific product of linear…

Schulze's rule is used in the elections of a large number of organizations including Wikimedia and Debian. Part of the reason for its popularity is the large number of axiomatic properties, like monotonicity and Condorcet consistency, which…

We characterize optimal consumption policies in a recursive intertemporal utility framework with local substitution. We establish existence and uniqueness and a version of the Kuhn-Tucker theorem characterizing the optimal consumption plan.…

Let $M\subset B(\mathcal H)$ be a von Neumann algebra acting on the Hilbert space $\mathcal H$. We prove that $M$ is finite if and only if, for every $x\in M$ and for all vectors $\xi,\eta\in\mathcal H$, the coefficient function $u\mapsto…

Let $\Omega\subset\mathbb{R}^n$ be an open, connected subset of $\mathbb{R}^n$, and let $F\colon\Omega-\Omega\to\mathbb{C}$, where $\Omega-\Omega=\{x-y\colon x,y\in\Omega\}$, be a continuous positive definite function. We give necessary and…

We show that a computable function $f:\mathbb R\rightarrow\mathbb R$ has Luzin's property (N) if and only if it reflects $\Pi^1_1$-randomnes, if and only if it reflects $\Delta^1_1(\mathcal O)$-randomness, and if and only if it reflects…

We consider the problem of extending a function $f^{}_P$ defined on a subset $P$ of an arbitrary set $X$ to $X$ strictly monotonically with respect to a preorder $\succcurlyeq$ defined on $X$, without imposing continuity constraints. We…

Denote by $M_n$ the set of $n\times n$ complex matrices. Let $f: M_n \rightarrow [0,\infty)$ be a continuous map such that $f(\mu UAU^*)= f(A)$ for any complex unit $\mu$, $A \in M_n$ and unitary $U \in M_n$, $f(X)=0$ if and only if $X=0$…

For any function that is real for real x, positivity of Tuck's function Q(x)=D'^2(x)/(D'^2(x)-D"(x) D(x)) is a condition for the absence of the complex zeros close to the real axis. Study of the probability distribution P(Q), for D(x) with…

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…

We discuss conditions under which a convex cone $\K\subset \R^{\Omega}$ admits a probability $m$ such that $\sup_{k\in \K} m(k)\leq0$. Based on these, we also characterize linear functionals that admit the representation as finitely…

The aim of this paper is to propose a generalization of previous approaches in qualitative decision making. Our work is based on the binary possibilistic utility (PU), which is a possibilistic counterpart of Expected Utility (EU).We first…

The total loss function associated with a set of cross-sectional predictions, that is, estimates or forecasts, summarizes the set's overall accuracy. Its arguments are the individual cross-sectional units' loss functions. Under general…

The problem is considered as to whether a monotone function defined on a subset P of a Euclidean space can be strictly monotonically extended to the whole space. It is proved that this is the case if and only if the function is {\em…

It is known, but perhaps not well-known, that when the mortality is assumed to be of Gompertz-Makeham-type, the expected remaining life-length and the commutation functions used for calculating the expected values of various types of life…

Let $E$ be an arbitrary closed set on the unit circle $\partial \mathbb{D}$, u be a harmonic function on the unit disk $\mathbb{D}$ satisfying $|u(z)|\lesssim (1-|z|)^\gamma \rho^{-q}(z)$ where $\rho(z)= \mathop{\rm dist}(z, E)$, $\gamma$,…