Testing transitivity of preferences using linked designs
Three experiments tested if individuals show violations of transitivity in choices between risky gambles in linked designs. The binary gambles varied in the probability to win the higher (better) prize, the value of the higher prize, and the value of the lower prize. Each design varied two factors,...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2012-09-01
|
| Series: | Judgment and Decision Making |
| Online Access: | https://www.cambridge.org/core/product/identifier/S193029750000629X/type/journal_article |