The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Representation of Preferences

  • Peter C. Fishburn
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1326-1
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Abstract

Three facets of subjective preferences have played central roles in economics. They are the qualitative structure of an agent’s preferences, numerical representations of preferences, and the use of numerical representations or utility functions in economic analysis. We consider various representations and their ties to qualitative preference structures.

Keywords

Subjective Probability Weak Order Commodity Space Commodity Bundle Positive Linear Transformation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information

© The Author(s) 1987

Authors and Affiliations

  • Peter C. Fishburn
    • 1
  1. 1.