Money-pump arguments
Suppose that you prefer A to B, B to C, and C to A. 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, o...
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Cambridge, United Kingdom ; New York, NY :
Cambridge University Press
2022.
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| Edición: | 1st ed |
| Colección: | Cambridge elements. Elements in decision theory and philosophy,
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009677440106719 |
Tabla de Contenidos:
- Money-pump arguments
- Acyclicity
- Completeness
- Transitivity
- Independence
- Continuity
- Against resolute choice
- Against infinite money pumps.
