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The Philosophy of Intransitive Preference

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  • Anand, Paul

Abstract

This paper argues against the proposition that rationality necessarily requires preferences to be transitive. Attention is given predominantly to the logic of the arguments purporting to show that rational agents must adhere to transitivity. The paper builds on previous work in the area of economics and philosophy by clarifying and sharpening the normative case for and against this basic assumption. Copyright 1993 by Royal Economic Society.

Suggested Citation

  • Anand, Paul, 1993. "The Philosophy of Intransitive Preference," Economic Journal, Royal Economic Society, vol. 103(417), pages 337-346, March.
    • Handle: RePEc:ecj:econjl:v:103:y:1993:i:417:p:337-46
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    Cited by:

    1. Tyson, Christopher J., 2008. "Cognitive constraints, contraction consistency, and the satisficing criterion," Journal of Economic Theory, Elsevier, vol. 138(1), pages 51-70, January.
    2. D.J. Butler, 1993. "Preference Formation and the Consistency of Choice: A framework for reconciling subjective expected utility theory and the non-transitive choice models," Economics Discussion / Working Papers 93-27, The University of Western Australia, Department of Economics.
    3. Brandl, Florian & Brandt, Felix & Hofbauer, Johannes, 2019. "Welfare maximization entices participation," Games and Economic Behavior, Elsevier, vol. 114(C), pages 308-314.
    4. M. Ali Khan & Metin Uyanık, 2021. "Topological connectedness and behavioral assumptions on preferences: a two-way relationship," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(2), pages 411-460, March.
    5. Tyson, Christopher J., 2008. "Cognitive constraints, contraction consistency, and the satisficing criterion," Journal of Economic Theory, Elsevier, vol. 138(1), pages 51-70, January.
    6. Mongin, P., 1998. "Does Optimization Imply Rationality?," Papers 9817, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
    7. Cubitt, Robin P. & Sugden, Robert, 2001. "On Money Pumps," Games and Economic Behavior, Elsevier, vol. 37(1), pages 121-160, October.
    8. Dagsvik, John K., 2018. "Invariance axioms and functional form restrictions in structural models," Mathematical Social Sciences, Elsevier, vol. 91(C), pages 85-95.
    9. Tyson, Christopher J., 2008. "Cognitive constraints, contraction consistency, and the satisficing criterion," Journal of Economic Theory, Elsevier, vol. 138(1), pages 51-70, January.
    10. David J. Butler & Ganna Pogrebna, 2018. "Predictably intransitive preferences," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 13(3), pages 217-236, May.
    11. M. Ali Khan & Metin Uyanik, 2019. "On an Extension of a Theorem of Eilenberg and a Characterization of Topological Connectedness," Papers 1912.12787, arXiv.org.
    12. Diego Lanzi, 2010. "Embedded choices," Theory and Decision, Springer, vol. 68(3), pages 263-280, March.
    13. A. Y. Klimenko, 2015. "Intransitivity in Theory and in the Real World," Papers 1507.03169, arXiv.org.
    14. repec:cup:judgdm:v:13:y:2018:i:3:p:217-236 is not listed on IDEAS
    15. Dagsvik, John K, 2017. "Invariance Axioms and Functional Form Restrictions in Structural Models," Memorandum 08/2017, Oslo University, Department of Economics.
    16. Dan Qin, 2021. "A Note on Numerical Representations of Nested System of Strict Partial Orders," Games, MDPI, vol. 12(3), pages 1-9, July.
    17. Shaw, W. Douglass & Woodward, Richard T., 2008. "Why environmental and resource economists should care about non-expected utility models," Resource and Energy Economics, Elsevier, vol. 30(1), pages 66-89, January.
    18. Jacobs Martin, 2016. "Accounting for Changing Tastes: Approaches to Explaining Unstable Individual Preferences," Review of Economics, De Gruyter, vol. 67(2), pages 121-183, August.

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