Sure Wins, Separating Probabilities and the Representation of Linear Functionals

Abstract

We discuss conditions under which a convex cone ⊂ admits a probability m such that k∈ m(k)≤0. Based on these, we also characterize linear functionals that admit the representation as finitely additive expectations. A version of Riesz decomposition based on this property is obtained as well as a characterisation of positive functionals on the space of integrable functions

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