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.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call