Title of article :
Homothetic and translatable preferences: Utility representation and functional equations involved
Author/Authors :
Candeal، نويسنده , , Juan C.، نويسنده ,
Issue Information :
دوهفته نامه با شماره پیاپی سال 2013
Pages :
12
From page :
373
To page :
384
Abstract :
I provide a full characterization of those preferences (total preorders) defined on R n that admit a representation by means of a continuous, homogeneous of degree one and translative utility (order-preserving) function. In addition, I pay attention to the functional form of the kind of representation obtained, including some qualifications such as being continuous and/or monotonic. In particular, a full description of the functions f : R 3 → R that are continuous, homogeneous of degree one, translative and monotonic is presented. Further applications to utility theory and social choice theory are also provided.
Keywords :
Homothetic , Translatable , Continuous total preorder
Journal title :
Journal of Mathematical Analysis and Applications
Serial Year :
2013
Journal title :
Journal of Mathematical Analysis and Applications
Record number :
1563667
Link To Document :
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