A reconstruction of axiomatic foundations of modern utility theory: toward a construction of unified axiom systems

点击翻译按钮获取中文摘要

A model of rational economic agent is constructed by the requirement, described as an axiom system, that his/her preferential judgments, is preferred to, for decision alternatives should be rational. In the literature, there have been proposed various axiom systems because decision alternatives are mathematically described in many different ways according to economic environments. This study proposes a unified description of decision alternatives as abstract mathematical objects and partially succeeds to develop a unified axiom system to cover many of the existing axiom systems.