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- W1989607596 abstract "Regret theory entails the possibility of non-transitive pairwise choices. It therefore raises questions about how individuals choose from sets of more than two actions, especially when there exists a subset of pairs of actions over which preferences cycle. A generalization of regret theory is suggested and is compared and contrasted with Fishburn's generalization of SSB utility theory. It is also shown that under this generalization an individual with non-transitive pairwise preferences with not be caught in a never-ending cycle and is not vulnerable to being “money-pumped” into bankruptcy." @default.
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- W1989607596 date "1987-04-01" @default.
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- W1989607596 title "Some implications of a more general form of regret theory" @default.
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- W1989607596 doi "https://doi.org/10.1016/0022-0531(87)90020-2" @default.
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