Baillon, Aurélien; Bleichrodt, Han; Cillo, Alessandra - IGIER (Innocenzo Gasparini Institute for Economic … - 2013
We performed a new test of transitivity based on individual measurements of the main intransitive choice models in decision under uncertainty. Our test is tailor-made and, therefore, more likely to detect violations of transitivity than previous tests. In spite of this, we observed only few...