第四章期望效用函数---门户---和鑫股网俱乐部---Powered-by-Discuz.pdf

preferencerelation)

binaryrelation

:()

1.x≥y

1xxy

CCM2xxy⇔x≥y

xy

M

M

Ry≥x

xyz……x∼y

3xy

commoditybundlex∼y⇔x≥yy≥x

consumeboundle

preferencerelation

preferenceordering

:AxiomAxiom

2.Axiom3

1completeness:

∀x,y,z∈Cifx≥y,y≥x⇒x≥z

∀x,y∈Cx≥yy≥xx∼y

2reflexivity

∀x∈Cx≥x

∀x,y,z∈C,ifxy,yz⇒xz

1

AxiomAxiom

4continunity4monotonicity

Xy{xx≥y}{xx≤y}∀x,y∈Cifx≥y⇒x≥y

{xxy}{xx≺y}

xy

zzy

∀x,y∈Cifx≥yx≠yxy

AxiomAxiom

5localnon-satiation6convexity

∀x∈C∀