Skip to main content
SpringerLink
Log in

A Study of Intransitive Preferences using a Think Aloud Procedure

  • Chapter
Book cover Decision Making and Change in Human Affairs

Part of the book series: Theory and Decision Library ((TDLU,volume 16))

Abstract

A basic assumption in theories of rational decision making is that preferences should be transitive (Edwards, 1954, 1961; Luce & Suppes, 1965; Samuelson, 1953). A preference-or-indifference relation, denoted ≳, is transitive if for all x, y and z

$$ x{\underset{\raise0.3em\hbox{$\smash{\scriptscriptstyle\thicksim}$}}{ > }}y\,and\,y\,{\underset{\raise0.3em\hbox{$\smash{\scriptscriptstyle\thicksim}$}}{ > }}z\,imply\,x{\underset{\raise0.3em\hbox{$\smash{\scriptscriptstyle\thicksim}$}}{ > }}z. $$
(1)

.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Edwards, W. The theory of decision making., Psychological Bulletin, 1954, 51, 380–416.

    Article  Google Scholar 

  • Edwards, W. Behavioral decision theory. Annual Review of Psychology, 161, 12, 473–498.

    Google Scholar 

  • Luce, R.D. Semiorders and a theory of utility discrimination., Econometrica, 1956, 24, 178–191.

    Article  Google Scholar 

  • Luce, R.D., & Suppes, P. Preference, utility, and subjective probability., In R.D.Luce, R.R.Bush, & E.Galanter (Eds.),, Handbook of mathematical psychology (Vol. 1 ). New York: Wiley, 1963.

    Google Scholar 

  • Newell, A., & Simon, H.A. Human problem solving. Englewood Cliffs, N.J.: Prentice Hall, 1972.

    Google Scholar 

  • Payne, J.W. A process tracing study of risky decision making,. Examples of verbal protocols and comments., Unpublished manuscript, Carnegie-Mellon University, 1975

    Google Scholar 

  • Samuelson, P.A. Foundations of economic analysis., Cambridge: Harvard University Press, 1953.

    Google Scholar 

  • Tversky, A. Intransitivity of preferences., Psychological Review, 1969, 76, 31–48.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. University of Göteborg, Göteborg, Sweden

    Henry Montgomery

Authors
  1. Henry Montgomery
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. Technische Hochschule Darmstadt, Deutschland

    Helmut Jungermann

  2. Universiteit van Amsterdam, Holland

    Gerard De Zeeuw

Rights and permissions

Reprints and permissions

Copyright information

© 1977 D. Reidel Publishing Company, Dordrecht-Holland

About this chapter

Cite this chapter

Montgomery, H. (1977). A Study of Intransitive Preferences using a Think Aloud Procedure. In: Jungermann, H., De Zeeuw, G. (eds) Decision Making and Change in Human Affairs. Theory and Decision Library, vol 16. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-1276-8_22

Download citation

  • DOI: https://doi.org/10.1007/978-94-010-1276-8_22

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-1278-2

  • Online ISBN: 978-94-010-1276-8

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics

Search

Navigation