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The existence of a utility function can be mathematically proven under specific axioms
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Mathematical literature confirms that the existence of utility and order-preserving functions can be formally proven under specific sets of axioms, as seen in expected utility theory and preference relation models.

Evidence for · 3
2018 · cited by 4
Chapter 9 discusses the axiomatic version of expected utility theory (EUT), a theory of decision-making under risk, put forward by John von Neumann and Oskar Morgenstern in their book Theory of Games and Economic Behavior (1944). EUT was a changing factor in the history of utility measurement. In fact, while discussions of the measurability of utility before 1944 focused on the utility used to analyze decision-making between risk-free alternatives, after that year, discussions centered on the utility used to analyze decision-making between risky alternatives. In Theory of Games, the nature of the cardinal utility function u featured in von Neumann and Morgenstern’s EUT, and its relationship with the riskless utility function U of previous utility analysis remained ambiguous. Von Neumann and Morgenstern also put forward an axiomatic theory of measurement, which presents some similarities with Stanley Smith Stevens’s measurement theory but had no immediate impact on utility analysis.
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rails:sufficiency:supported:for=2+1p:against=0+0p | v55:sufficiency

More for · 2
2017 · cited by 1
Looking at decisiveness as crucial, we discuss the existence of an order-preserving function for the nontotal crisp preference relation naturally associated to a nontotal fuzzy preference relation. We further present conditions for the existence of an upper semicontinuous order-preserving function for a fuzzy binary relation on a crisp topological space.
cited by 0
theorem for functions (or, more generally, the Kakutani fixed-point theorem for set-valued functions). See Competitive equilibrium#Existence of a competitive In economics, general equilibrium theory attempts to explain the behavior of supply, demand, and prices in a whole economy with several or many interacting markets, by seeking to prove that the interaction of demand and supply will result in an overall general equilibrium. General equilibrium theory contrasts with the theory of partial equilibrium, which analyzes a specific part of an economy whil Although generally (assuming convexity) an equilibrium will exist and will be efficient, the conditions under which it will be unique are much stronger. The Sonnenschein–Mantel–Debreu theorem, proven in the 1970s, states that the aggregate excess demand function inherits only certain properties of individual's demand functions, and that these (continuity, homogeneity of degree zero, Walras' law and boundary behavior when prices are near zero) are the only real restriction one can expect from an aggregate excess demand function. Any such function can represent the excess demand of an economy populated with rational utility-maximizing individuals. There has been much research on conditions when the equilibrium will be unique, or which at least will limit the number of equilibria. One result states that…
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This check searched the claim as stated. It did not run a separate search for evidence against it.
  1. The Expected Utility Theory and Measurement Theory of von Neumann and Morgenstern, 1944–1947peer-reviewedno side taken
  2. General equilibrium theoryreferenceno side taken
  3. Existence of Order-Preserving Functions for Nontotal Fuzzy Preference Relations under Decisivenesspeer-reviewedno side taken
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first checked01 Aug 2026
judged → COMMON KNOWLEDGE · 9501 Aug 2026
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