The Foundations of Utility

Chipman, John S.

doi:10.2307/1907717

Cited by 254 publications

(77 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…It shows that every preorder essentially is a Pareto order. The result has the same universal character as a representation result by Chipman (1960), which shows that every complete preorder essentially is a lexicographic order: Another important observation in our proof is that the lexicographic order extends the Pareto order. This observation is recorded as Lemma 3.2.…”

Section: The Proofsupporting

confidence: 66%

A “three-sentence proof” of Hansson’s theorem

Petri

2017

Econ Theory Bull

View full text Add to dashboard Cite

show abstract

Section: The Proofsupporting

confidence: 66%

A “three-sentence proof” of Hansson’s theorem

Petri

2017

Econ Theory Bull

View full text Add to dashboard Cite

show abstract

“…While the IIA property is realistic in some choice situations, it is clearly inappropriate in others, as first pointed out by Chipman (1960) and Debreu (1960). Consider the famous red-bus-blue-bus problem.…”

Section: Substitution Patternsmentioning

confidence: 99%

Discrete Choice Methods with Simulation

Train¹

2003

3,812

2,450

View full text Add to dashboard Cite

“…In our terminology, the main theorem in [4] states that any preference relation can be represented by a real-valued checklist. Theorem 2 implies this result.…”

Section: Multivalued Properties and The Representation Of Preferencesmentioning

confidence: 99%

A million answers to twenty questions: Choosing by checklist

Mandler

Manzini

Mariotti

2012

Journal of Economic Theory

View full text Add to dashboard Cite

Several decision models in marketing science and psychology assume that a consumer chooses by proceeding sequentially through a checklist of desirable properties. These models are contrasted to the utility maximization model of rationality in economics. We show on the contrary that the two approaches are nearly equivalent. Since the number of preference discriminations that an agent can make increases exponentially in the number of properties used, checklists provide a rapid procedural basis for utility maximization.

show abstract

The Foundations of Utility

Cited by 254 publications

References 0 publications

A “three-sentence proof” of Hansson’s theorem

A “three-sentence proof” of Hansson’s theorem

Discrete Choice Methods with Simulation

A million answers to twenty questions: Choosing by checklist

Contact Info

Product

Resources

About