A choice-rule formulation of intransitive utility theory

被引:1
作者
Butler, DJ [1 ]
机构
[1] Univ Western Australia, Dept Econ, Nedlands, WA 6907, Australia
关键词
regret theory; transitivity; invariance;
D O I
10.1016/S0165-1765(98)00063-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents a model that highlights the connection between non-expected utility theories that violate the transitivity axiom and the choice-rule on which they are implicitly based. This manner of viewing those theories has a number of advantages over the original formulations, which are discussed. (C) 1998 Elsevier Science S.A.
引用
收藏
页码:323 / 329
页数:7
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