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- W2299673709 abstract "Abstract Transitivity is the assumption that if a person prefers A to B and B to C, then that person should prefer A to C. This article explores a paradigm in which Birnbaum, Patton and Lott (1999) thought people might be systematically intransitive. Many undergraduates choose C = ($96, .85; $90, .05; $12, .10) over A = ($96, .9; $14, .05; $12, .05), violating dominance. Perhaps people would detect dominance in simpler choices, such as A versus B = ($96, .9; $12, .10) and B versus C, and yet continue to violate it in the choice between A and C, which would violate transitivity. In this study we apply a true and error model to test intransitive preferences predicted by a partially effective editing mechanism. The results replicated previous findings quite well; however, the true and error model indicated that very few, if any, participants exhibited true intransitive preferences. In addition, violations of stochastic dominance showed a strong and systematic decrease in prevalence over time and violated response independence, thus violating key assumptions of standard random preference models for analysis of transitivity." @default.
- W2299673709 created "2016-06-24" @default.
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- W2299673709 date "2016-01-01" @default.
- W2299673709 modified "2023-09-29" @default.
- W2299673709 title "Risky Decision Making: Testing for Violations of Transitivity Predicted by an Editing Mechanism" @default.
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- W2299673709 doi "https://doi.org/10.1017/s1930297500007609" @default.
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