Rubinstein2005-page41

Rubinstein2005-page41 - iF and only iF | H a − H b | ≤...

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October 21, 2005 12:18 master Sheet number 39 Page number 23 Utility 23 c. ( DifFcult ) Let S be a binary relation that satisfes the above six proper- ties and let ε be a strictly positive number. Show that there is a strictly increasing and continuous Function H : X →< such that aSb
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Unformatted text preview: iF and only iF | H ( a ) − H ( b ) | ≤ ε . Problem 6. ( Reading ) Read Kahneman (2000) (it is available at http://arielrubinstein.tau.ac. il/econt/k.pdF) and discuss his distinction between the diFFerent types oF “psychological utilities.”...
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This note was uploaded on 12/29/2011 for the course ECO 443 taught by Professor Aswa during the Fall '10 term at SUNY Stony Brook.

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