Expected Utility Consistent Extensions of Preferences

Theory and Decision 67 (2):123-144 (2009)
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Abstract

We consider the problem of extending a (complete) order over a set to its power set. The extension axioms we consider generate orderings over sets according to their expected utilities induced by some assignment of utilities over alternatives and probability distributions over sets. The model we propose gives a general and unified exposition of expected utility consistent extensions whilst it allows to emphasize various subtleties, the effects of which seem to be underestimated – particularly in the literature on strategy-proof social choice correspondences

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Citations of this work

Sincerity and Manipulation Under Approval Voting.Ulle Endriss - 2013 - Theory and Decision 74 (3):335-355.
Choosers as Extension Axioms.Bora Erdamar & M. Remzi Sanver - 2009 - Theory and Decision 67 (4):375-384.

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Even-Chance Lotteries in Social Choice Theory.Peter C. Fishburn - 1972 - Theory and Decision 3 (1):18-40.

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