Three different approaches to mixture axioms have been used in expected utility theories. The most general approach uses the decision maker's indifference relation in the mixture axioms. We show how this approach can be used to obtain general axiomatizations for the traditional linear utility form a
β¦ LIBER β¦
An axiom of mathematical utility theory
β Scribed by B. G. Mirkin
- Publisher
- Springer US
- Year
- 1973
- Tongue
- English
- Weight
- 234 KB
- Volume
- 6
- Category
- Article
- ISSN
- 1573-8337
No coin nor oath required. For personal study only.
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## Abstract A slight modification of one axiom of quantum theory changes a reversible theory into a time asymmetric theory. Whereas the standard Hilbert space axiom does not distinguish mathematically between the space of states (inβstates of scattering theory) and the space of observables (outββst