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Money-pump arguments /

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"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 t...

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Bibliographic Details
Main Author: Gustafsson, Johan E. (Author)
Corporate Author: Cambridge University Press
Format: eBook
Language:English
Published: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2022.
Series:Cambridge elements. Elements in decision theory and philosophy.
Subjects:
Decision making.
Revealed preference theory.
Utility theory.
Practical reason.
Logic, Symbolic and mathematical.
Prise de décision.
Utilité (Économie politique)
Raison pratique.
Logique symbolique et mathématique.
decision making.
SCIENCE / Philosophy & Social Aspects.
Decision making
Logic, Symbolic and mathematical
Practical reason
Revealed preference theory
Utility theory
Electronic books.
Online Access:Connect to the full text of this electronic book

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