Accession Number:

AD0786191

Title:

Separation Theorems and Expected Utilities.

Descriptive Note:

Technical rept.,

Corporate Author:

PENNSYLVANIA STATE UNIV UNIVERSITY PARK COLL OF BUSINESS ADMINISTRATION

Personal Author(s):

Report Date:

1974-09-01

Pagination or Media Count:

32.0

Abstract:

This paper presents a number of separation theorems for linear spaces, then explores the relationships between these theorems and expected utility theory. Three topics in expected utility are discussed axioms for expected utility unanimous expectations and revealed preference and indifference in situations of decision making under risk. Author

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE