Representation of conditional preferences under uncertainty

G. B. Asheim

pp. 33-47

in: Mohammed Abdellaoui, John D. Hey (eds), Advances in decision making under risk and uncertainty, Berlin, Springer, 2008

Abstract

The purpose of this paper is to present axioms for systems of conditional preferences, and to provide representation results for various sets of such axioms. The preferences are over acts, being functions from uncertain states to outcomes, while the representations are in terms of beliefs over the states and utility of the outcomes. It builds on Asheim (2006, Chap. 3) and Asheim and Perea (2005).