Munich Personal RePEc Archive

Choice Theoretical Foundations of Union Utility Functions Involving Discontinuities

Drakopoulos, Stavros A. (2003): Choice Theoretical Foundations of Union Utility Functions Involving Discontinuities. Published in: SPOUDAI , Vol. 53, No. 3 (July 2003): pp. 3-13.

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Abstract

Trade Union utility functions with discontinuities have started to gain popularity in the last few years. The main reason for this is the search for more embracing union utility functions. This paper attempts to fill an important gap in this literature by providing the choice theoretic foundations of such functions thereby widening their relevance and facilitating their application to other areas. The foundations can also be used as a basis for modelling sequential multi-objective union utility functions.

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