Dilatation monotonous Choquet integrals
Article Abstract:
It is shown that an inevitable factor for dilatation monotonicity of a Choquet integral is the convexity of the capacity regarding inherent probability measure. Coherent risk measure, utility functional, risk-adjusted value, etc. are discussed.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2005
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Pareto efficiency with spatial rights
Article Abstract:
The problems encountered in constructing a Pareto-efficient social welfare function respecting individual rights when preferences are defined over the location of a public facility are examined.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2005
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