Title

Monotone Preferences over Information

Document Type

Discussion Paper

Publication Date

3-1-2001

CFDP Number

1297

CFDP Pages

13

Abstract

We consider preference relations over information that are monotone: more information is preferred to less. We prove that, if a preference relation on information about an uncountable set of states of nature is monotone, then it is not representable by a utility function.

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