Axioms for Lattice Ordered Decision-Making Behavior
and Relative Utility Theorem

GUO Yao-huang; LIUJia-cheng; ZHOUWen-kun

Volume 14 Issue 3

Jun. 2001

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Article Contents

Journal of Southwest Jiaotong University > 2001 > 14(3): 221-224.

GUO Yao-huang, LIUJia-cheng, ZHOUWen-kun. Axioms for Lattice Ordered Decision-Making Behaviorand Relative Utility Theorem[J]. Journal of Southwest Jiaotong University, 2001, 14(3): 221-224.

Citation:

GUO Yao-huang, LIUJia-cheng, ZHOUWen-kun. Axioms for Lattice Ordered Decision-Making Behavior and Relative Utility Theorem[J]. Journal of Southwest Jiaotong University, 2001, 14(3): 221-224.

GUO Yao-huang, LIUJia-cheng, ZHOUWen-kun. Axioms for Lattice Ordered Decision-Making Behaviorand Relative Utility Theorem[J]. Journal of Southwest Jiaotong University, 2001, 14(3): 221-224.

Citation:

GUO Yao-huang, LIUJia-cheng, ZHOUWen-kun. Axioms for Lattice Ordered Decision-Making Behavior and Relative Utility Theorem[J]. Journal of Southwest Jiaotong University, 2001, 14(3): 221-224.

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Axioms for Lattice Ordered Decision-Making Behavior and Relative Utility Theorem

Publish Date: 25 Jun 2001

Abstract

Abstract

In this paper, the connectivity (completeness) axiom and the continuity axiom inVonNeumann- Morgenstern Rational behavior axioms are weakened. Then, a set of axiom for lattice ordered decision- making behavior, which can describe the decision-making behaviormore rationally, is constructed. At last, the relative unique existence theorem for (linear) utility function is obtained.
- axioms,
- lattices,
- lattice connectivity,
- utility function