Peter Wakker apparently thinks he found a way to have unbounded utilities and obey most of Savage’s axioms. See Unbounded utility for Savage’s “Foundations of Statistics,” and other models. I’ll say more if and when I understand that paper.
Peter Wakker apparently thinks he found a way to have unbounded utilities and obey most of Savage’s axioms. See Unbounded utility for Savage’s “Foundations of Statistics,” and other models. I’ll say more if and when I understand that paper.