
We provide an axiomatic system modeling conditional preference orders which is based on conditional set theory. Conditional numerical representations are introduced, and a conditional version of the theorems of Debreu on the existence of numerical representations is proved. The conditionally continuous representations follow from a conditional version of Debreu's Gap Lemma the proof of which relies on a conditional version of the axiom of choice, free of any measurable selection argument. We give a conditional version of the von Neumann and Morgenstern representation as well as automatic conditional continuity results, and illustrate them by examples.
General Economics (econ.GN), Economics, General Economics, Individual preferences, Decision theory, 91B06, FOS: Economics and business, gap lemma, conditional preferences, von Neumann and Morgenstern, utility theory, Utility theory
General Economics (econ.GN), Economics, General Economics, Individual preferences, Decision theory, 91B06, FOS: Economics and business, gap lemma, conditional preferences, von Neumann and Morgenstern, utility theory, Utility theory
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