Intransitive indifference under uncertainty
Dokumacı, Oral Ersoy
Dalkıran, Nuh Aygün
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We study preferences with intransitive indifference under uncertainty. Our primitive objects are semiorders and we are interested in their Scott-Suppes representations. We obtain a Scott-Suppes representation theorem in the spirit of the celebrated expected utility theorem of von Neumann and Morgenstern (1944).
KeywordsDecision Under Uncertainty