Money-pump arguments /
Suppose that you prefer A to B, B to C and A to C. Your preferences violate Expected Utility Theory by being cyclic. Money-pump arguments offer a way to show that such violations are irrational. Suppose that you start with A. Then you should be willing to trade A for C and then C for B. But then, on...
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| Format: | Book |
| Language: | English |
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Cambridge ; New York :
Cambridge University Press,
[2022].
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| Series: | Cambridge elements. Elements in decision theory and philosophy.
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| Subjects: |
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