
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), Individual preferences, Decision theory, 91B06, FOS: Economics and business, gap lemma, conditional preferences, von Neumann and Morgenstern, utility theory, Utility theory, Economics - General Economics
General Economics (econ.GN), Individual preferences, Decision theory, 91B06, FOS: Economics and business, gap lemma, conditional preferences, von Neumann and Morgenstern, utility theory, Utility theory, Economics - General Economics
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