Preferences, like beliefs, can and do change as a result of interaction with the environment and/or internal processes. This paper presents a kinematical model in which preference changes are explicated and motivated in terms of changes to the agent's quantitative degrees of belief and/or desire across some particular partition of prospects. Several basic types of such changes are identified and consistency conditions for them specified. Finally, the model is used to explain the possibility of preference loss and gain.
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Bradley, R. (2009). Preference Kinematics. In: Grüne-Yanoff, T., Hansson, S.O. (eds) Preference Change. Theory and Decision Library, vol 42. Springer, Dordrecht. https://doi.org/10.1007/978-90-481-2593-7_11
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DOI: https://doi.org/10.1007/978-90-481-2593-7_11
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