Convex preferences

By:
Updated: Aug 20, 2021

Preferences such that a micture of two equally valued coutcomes is at least as good as either of the individual outcomes. If preferences are strictly convex then the mixture is strictly preferred.

Convex preferences
  • Save


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the... read more.