Theory and Decision 47 (2):185-196 (1999)
|Abstract||In this paper weak utilities are obtained for acyclic binary relations satisfying a condition weaker than semicontinuity on second countable topological spaces. In fact, in any subset of such a space we obtain a weak utility that characterizes the maximal elements as maxima of the function. The addition of separability of the relation yields the existence of semicontinuous representations. This property of the utility provides a result of existence of maximal elements for a class of spaces that include compact spaces. However, we offer a negative result that continuity may not be reached under such hypotheses|
|Keywords||Utility Partial order Acyclicity Maximal element Semicontinuous utility|
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