On the difference between the cardinalities of measurable value functions and von Neumann-Morgenstern utility functions

Research output: Contribution to journalArticlepeer-review

Abstract

Dyer and Sarin (1979) proposed an important generalization of the additive-multiplicative decomposition theorem for von Neumann-Morgenstern (vNM) utility functions to measurable value functions based on the cardinality property of measurable value functions. However, because of a difference between the cardinality of measurable value functions and the cardinality of vNM utility functions, an additional technical condition is needed, and presented here, for the decomposition theorem to hold.

Original languageEnglish
Pages (from-to)307-308
Number of pages2
JournalOperations Research
Volume45
Issue number2
DOIs
StatePublished - 1997
Externally publishedYes

ASJC Scopus Subject Areas

  • Computer Science Applications
  • Management Science and Operations Research

Fingerprint

Dive into the research topics of 'On the difference between the cardinalities of measurable value functions and von Neumann-Morgenstern utility functions'. Together they form a unique fingerprint.

Cite this