Abstract:This paper provides a new characterization of Expected Scott-Suppes Utility Representation (ESSUR). ESSUR combines the Expected Utility Representation with the Scott-Suppes Utility Representation (ESSUR). The latter represents semiorders that formalize preferences with intransitive indifferences. Dalkıran, Dokumacı, and Kara (2018) were the first to provide an axiomatic characterization of ESSUR. Surprisingly, their characterization does not involve any separability axiom, which is essential for numerical repr… Show more
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