Conflicting violations of transitivity and where they may lead us
Day, Brett and Loomes, Graham, Professor of economics. (2010) Conflicting violations of transitivity and where they may lead us. Theory and Decision, Vol.68 (No.1-2). pp. 233-242. ISSN 0040-5833Full text not available from this repository.
Official URL: http://dx.doi.org/10.1007/s11238-009-9139-1
The literature contains evidence from some studies of asymmetric patterns of choice cycles in the direction consistent with regret theory, and evidence from other studies of asymmetries in the opposite direction. This article reports an experiment showing that both patterns occur within the same sample of respondents operating in the same experimental environment. We discuss the implications for modelling behaviour in such environments.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HM Sociology|
|Divisions:||Faculty of Social Sciences > Economics|
|Journal or Publication Title:||Theory and Decision|
|Official Date:||February 2010|
|Number of Pages:||10|
|Page Range:||pp. 233-242|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Restricted or Subscription Access|
|Funder:||U.K. Economic and Social Research Council’s Programme for Environmental Decision Making, ESRC’s Social Contexts and Responses to Risk network|
|Grant number:||M535255117, L326 25 3054|
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