Template-type: ReDif-Paper 1.0
Author-Name: Peters Hans 
Author-Name: Schulteis Tim 
Author-Name: Vermeulen Dries 
Author-workplace-name: METEOR
Title: Generalized stochastic dominance and bad outcome aversion
Abstract: Incomplete preferences over lotteries on a ¯nite set of alternatives satisfying, besides independence and continuity, a property called bad outcome aversion are considered. These preferences are characterized in terms of their speci¯c multi-expected utility representations (cf. Dubra et al., 2004), and can be seen as generalized stochastic dominance preferences.
Keywords: mathematical economics; 
Series: Research Memoranda
Creation-Date: 2007
Number: 031
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:6512ae73-8e33-45ef-88f4-02034ca3a485/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 228723
Handle: RePEc:unm:umamet:2007031