Article ID: | iaor2001919 |
Country: | United Kingdom |
Volume: | 8 |
Issue: | 2 |
Start Page Number: | 71 |
End Page Number: | 73 |
Publication Date: | Mar 1999 |
Journal: | Journal of Multi-Criteria Decision Analysis |
Authors: | Fishburn Peter C., Lavalle Irving H. |
This note concerns two issues left unresolved in our study of lexicographic-order preservation and stochastic dominance in settings where preferences are represented by utility vectors, ordered lexicographically, and judgements emerge as matrices that premultiply utility vectors in expected utility sums. First, a generalization of the ‘Conjecture Σ’, which implied transitivity of a stochastic dominance relation under non-vacuous resolution-level information, is proved. Second, this paper comments on using resolution-level information in higher as well as in first degree stochastic dominanace analysis.