t lottery</p></li>
</ol>
</li>
<li><p>these axioms yield a utility function</p>
<ul>
<li><p>isn‚Äôt unique (ex. affine transformation yields new utility function)</p></li>
<li><p><em>value function</em> = <em>ordinal utility function</em> - sometimes ranking, numbers not needed</p></li>
<li><p>agent might not be explicitly maximizing the utility function</p></li>
</ul>
</li>
</ul>
</section>
<section id="utility-functions">
<h3><span class="section-number">1.10.2.2. </span>utility functions<a class="hea