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dc.contributor.authorButler, David
dc.contributor.authorBlavatskyy, Pavlo
dc.date.accessioned2019-07-30T06:21:04Z
dc.date.available2019-07-30T06:21:04Z
dc.date.issued2020
dc.identifier.issn0266-2671
dc.identifier.doi10.1017/S026626711900004X
dc.identifier.urihttp://hdl.handle.net/10072/386337
dc.description.abstractThe voting paradox occurs when a democratic society seeking to aggregate individual preferences into a social preference reaches an intransitive ordering. However it is not widely known that the paradox may also manifest for an individual aggregating over attributes of risky objects to form a preference over those objects. When this occurs, the relation 'stochastically greater than' is not always transitive and so transitivity need not hold between those objects. We discuss the impact of other decision paradoxes to address a series of philosophical and economic arguments against intransitive (cyclical) choice, before concluding that intransitive choices can be justified.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.relation.ispartofpagefrom1
dc.relation.ispartofpageto19
dc.relation.ispartofjournalEconomics and Philosophy
dc.subject.fieldofresearchPolitical theory and political philosophy
dc.subject.fieldofresearchDecision theory
dc.subject.fieldofresearchMicroeconomic theory
dc.subject.fieldofresearchEconomic theory
dc.subject.fieldofresearchPhilosophy
dc.subject.fieldofresearchcode440811
dc.subject.fieldofresearchcode500303
dc.subject.fieldofresearchcode380304
dc.subject.fieldofresearchcode3803
dc.subject.fieldofresearchcode5003
dc.titleThe voting paradox ... with a single voter? Implications for transitivity in choice under risk
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.rights.copyright© 2019 Cambridge University Press. This is the author-manuscript version of this paper. Reproduced in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.hasfulltextFull Text
gro.griffith.authorButler, David


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