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The Philosophy of Intransitive Preference

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  • Anand, Paul

Abstract

This paper argues against the proposition that rationality necessarily requires preferences to be transitive. Attention is given predominantly to the logic of the arguments purporting to show that rational agents must adhere to transitivity. The paper builds on previous work in the area of economics and philosophy by clarifying and sharpening the normative case for and against this basic assumption. Copyright 1993 by Royal Economic Society.

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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 103 (1993)
Issue (Month): 417 (March)
Pages: 337-46

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Handle: RePEc:ecj:econjl:v:103:y:1993:i:417:p:337-46

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Cited by:
  1. Tyson, Chris, 2001. "The Foundations of Imperfect Decision Making," Research Papers 1714, Stanford University, Graduate School of Business.
  2. Shaw, W. Douglass & Woodward, Richard T., 2008. "Why environmental and resource economists should care about non-expected utility models," Resource and Energy Economics, Elsevier, vol. 30(1), pages 66-89, January.
  3. Cubitt, Robin P. & Sugden, Robert, 2001. "On Money Pumps," Games and Economic Behavior, Elsevier, vol. 37(1), pages 121-160, October.
  4. Christopher Tyson, 2005. "Axiomatic Foundations for Satisficing Behavior," Economics Series Working Papers 2005-W03, University of Oxford, Department of Economics.
  5. Diego Lanzi, 2010. "Embedded choices," Theory and Decision, Springer, vol. 68(3), pages 263-280, March.
  6. Christopher J. Tyson, 2007. "Cognitive Constraints, Contraction Consistency, and the Satisficing Criterion," Working Papers 614, Queen Mary, University of London, School of Economics and Finance.

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