Browsing Business and Economics by Author "Voorneveld, Mark"
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An Elementary Proof That Well-Behaved Utility Functions Exist
Voorneveld, Mark; Weibull, Jörgen W. (Scientific Research, 2016-06)Starting from an intuitive and constructive approach for countable domains, and combining this with elementary measure theory, we obtain an upper semi-continuous utility function based on outer measure. Whenever preferences ...