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A criterion for comparing strength of preference with an application to bargaining. (English) Zbl 0758.90004
Summary: A criterion called “improving faster than” is proposed and characterized to compare the strength of preference of value functions. The result can be applied in decision models where no risk is involved or, at least, explicitly modeled. A bargainig theory example illustrates the criterion.

MSC:
91B08 Individual preferences
91A12 Cooperative games
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