Testing alternative explanations of cyclical choices

Economica

Volumn 65, Issue 259, 1998, Pages 347-361

  Starmer, Chris ^a   Sugden, Robert ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC THEORY;

EID: 0031766053     PISSN: 00130427     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0335.00133     Document Type: Article

References (18)

1. BECKER, G. M., DEGROOT, M. H. and MARSCHAK, J. (1963). Stocastic models of choice behaviour. Behavioral Science, 8, 41-55.
2. GRETHER, D. and PLOTT, C. (1979). Economic theory of choice and the preference reversal phenomenon. American Economic Review, 69, 623-38.
3. HARLESS, D. (1992). Actions versus prospects: the effect of problem representation on regret. American Economic Review, 82, 634-49.
4. _ and CAMERER, C. (1994). The predictive utility of generalized expected utility theories. Econometrica, 62, 1251-91.
5. HEY, J. D. and ORME, C. (1994). Investigating generalizations of expected utility theory using experimental data. Econometrica, 62, 1291-1327.
6. HOLT, C. A. (1986). Preference reversals and the independence axiom. American Economic Review, 16, 508-15.
7. HUMPHREY, S. (1995). Regret aversion or event-splitting effects? More evidence under risk and uncertainty. Journal of Risk and Uncertainty, 11, 263-74.
8. KAHNEMAN, D. and TVERSKY, A. (1979). Prospect theory: an analysis of decision under risk. Econometrica, 47, 263-91.
9. LICHTENSTEIN, S. and SLOVIC, P. (1971). Reversals of preference between bids and choices in gambling decisions. Journal of Experimental Psychology, 89, 46-55.
10. LINDMAN, H. (1971). Inconsistent preferences among gambles. Journal of Experimental Psychology, 89, 390-7.
11. LOOMES, G. and Sugden, R. (1987). Some implications of a more general form of regret theory. Journal of Economic Theory, 41, 270-87.
12. _ and _ (1995). Incorporating a stochastic element into decision theories. European Economic Review, 39, 641-8.
13. _, STARMER, C. and SUGDEN, R. (1989). Preference reversal: information-processing effect or rational non-transitive choice? Economic Journal, 99, 140-51.
14. _, _ and _ (1991). Observing violations of transitivity by experimental methods. Econometrica, 59, 425-41.
15. SOPHER, B. and GIGLIOTTI, G. (1993). Intransitive cycles: rational choice or random error? An answer based on estimation of error rates with experimental data. Theory and Decision, 35, 311-36.
16. STARMER, C. and SUGDEN, R. (1993). Testing for juxtaposition and event-splitting effects. Journal of Risk and Uncertainty, 6, 235-54.
17. SUGDEN, R. (1993). An axiomatic foundation for regret theory. Journal of Economic Theory, 60, 159-80.
18. VISCUSI, W. K. (1989). Prospective reference theory: toward an explanation of the paradoxes. Journal of Risk and Uncertainty, 2, 235-64.