TY - JOUR
T1 - Convex analysis approach to utility theories. expected utility
AU - Dentcheva, Darinka
AU - Ruszczyński, Andrzej
PY - 2012
Y1 - 2012
N2 - The main results of the expected utility theory can be derived from two fundamental mathematical ideas: the separation principle of convex analysis, and integral representations of continuous linear functionals from functional analysis. This observation explains the dual character of utility functions.
AB - The main results of the expected utility theory can be derived from two fundamental mathematical ideas: the separation principle of convex analysis, and integral representations of continuous linear functionals from functional analysis. This observation explains the dual character of utility functions.
KW - Expected utility theory
KW - Integral representation
KW - Preference relations
KW - Separation
UR - http://www.scopus.com/inward/record.url?scp=84871055375&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84871055375&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:84871055375
SN - 1310-1331
VL - 65
SP - 1483
EP - 1488
JO - Comptes Rendus de L'Academie Bulgare des Sciences
JF - Comptes Rendus de L'Academie Bulgare des Sciences
IS - 11
ER -