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A choice-rule formulation of intransitive utility theory

Butler, D.J. (1998) A choice-rule formulation of intransitive utility theory. Economics Letters, 59 (3). pp. 323-329.

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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.

Item Type: Journal Article
Publisher: Elsevier
Copyright: Elsevier
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