On an axiomatic approach to measurable utility
Date of Publication
1995
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Mathematics
College
College of Science
Department/Unit
Mathematics and Statistics
Abstract/Summary
This thesis presents an axiomatic approach to the derivation of a set of conditions for a measurable utility to exist. Utility refers to the value one assigns to a certain commodity. When one is faced with having to decide between or among two of more commodities, the assignment of utilities to each will enable the decision maker to express his preferences for the given commodities. By measurable utility, therefore, we refer to a real-valued, order-preserving. We will present a set of criteria that will determine if a given utility is measurable.The axioms and theorems in this thesis are from the article An Axiomatic Approach to Measurable Utility by Ian Herstein and John Milnor.
Abstract Format
html
Language
English
Format
Accession Number
TU07059
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
43 leaves
Keywords
Axiomatic set theory; Set theory; Functions; Convex sets
Recommended Citation
Magno, K. D., & Unalivia, R. A. (1995). On an axiomatic approach to measurable utility. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/16259
