Von Neumann Morgenstern preferences

Article Abstract:

Simple hyperplane theorems are used to develop a proof for generalizing von Neumann Morgenstern utility. This generalization to von Neumann Morgenstern preferences is important for assessing the concept of utility.

Consumer preferences

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Harsanyi's social aggregation theorem for state-contingent alternatives

Article Abstract:

A social aggregation theorem developed by Harsanyi is examined, and utility functions are analyzed. Social and individual preferences are also examined.

Social aspects, Economic policy

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An extension of a theorem of von Neumann and Morgenstern with an application to social choice theory

Article Abstract:

Issues related to social choice theory and expected utility theory are examined in detail.

Economic research

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