On the Intransitivity of Preferences Consistent with Similarity Relations

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Abstract

We examine Rubinstein's approach to decision making based on the use of similarity relations. More specifically, we show that any attempt to order bundles of three or more alternatives using similarity relations will generate intransitivities. Journal of Economic Literature Classification Numbers: D11, D81 © 1998 Academic Press.
Original languageEnglish
Pages (from-to)281-287
JournalJournal of Economic Theory
Volume79
DOIs
Publication statusPublished - 1 Apr 1998

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