Risky Decision making: Testing for violations of transitivity predicted by an editing mechanism
Transitivity is the assumption that if a person prefers A to B and B to C, then that person should prefer A to C. This article explores a paradigm in which Birnbaum, Patton and Lott (1999) thought people might be systematically intransitive. Many undergraduates choose C = ($96, .85; $90, .05; $12, ....
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2016-01-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/15/15615a/jdm15615a.pdf |