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Behavioral Variability of Choices Versus Structural Inconsistency of Preferences

Theories of rational choice often make the structural consistency assumption that every decision maker’s binary strict preference among choice alternatives forms a strict weak order. Likewise, the very concept of a utility function over lotteries in normative, prescriptive, and descriptive theory is...

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Bibliographic Details
Main Authors: Regenwetter, Michel, Davis-Stober, Clintin P.
Format: Artigo
Language:Inglês
Published: 2012
Subjects:
Online Access:https://ncbi.nlm.nih.gov/pmc/articles/PMC3338203/
https://ncbi.nlm.nih.gov/pubmed/22506679
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1037/a0027372
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