Article ID: | iaor1989280 |
Country: | Switzerland |
Volume: | 19 |
Start Page Number: | 247 |
End Page Number: | 272 |
Publication Date: | May 1989 |
Journal: | Annals of Operations Research |
Authors: | Fishburn Peter C., LaValle Irving H. |
Starting with induced state-conditional preferences for an additive and potentially state-dependent SSB utility model, the authors investigate the effects of transitive preference on various super-sets of a set of available lottery acts, Sufficient richness of the act set forces transitive preferences to be fully linear; failing such richness, transitive but nonlinear preferences may obtain.