A choice-rule formulation of intransitive utility theory
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Butler, D.J. (1998) A choice-rule formulation of intransitive utility theory. Economics Letters, 59 (3). pp. 323-329.
Link to Published Version: http://dx.doi.org/10.1016/S0165-1765(98)00063-9
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Abstract
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.
| Publication Type: | Journal Article |
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| Publisher: | Elsevier |
| Copyright: | Elsevier |
| URI: | http://researchrepository.murdoch.edu.au/id/eprint/4190 |
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