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An impossibility theorem with von Neumann-Morgenstern preferences

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UNSPECIFIED (1997) An impossibility theorem with von Neumann-Morgenstern preferences. ECONOMICS LETTERS, 56 (3). pp. 305-309. ISSN 0165-1765

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Abstract

We prove an impossibility theorem in the context of VNM preferences when Pareto and an analogue of Maskin's Monotonicity are used. We show the crucial weakening required to avoid this. (C) 1997 Elsevier Science S.A.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: ECONOMICS LETTERS
Publisher: ELSEVIER SCIENCE SA LAUSANNE
ISSN: 0165-1765
Date: 14 November 1997
Volume: 56
Number: 3
Number of Pages: 5
Page Range: pp. 305-309
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/16174

Data sourced from Thomson Reuters' Web of Knowledge

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