Recently proposed models of risky choice imply systematic violations of transitivity of preference. Five studies … repeated intransitive patterns. We can retain the hypothesis that transitivity best describes the data of the vast majority of …

Several models of choice under uncertainty imply systematic violations of transitivity of preference. Our experiments … patterns. We can retain the hypothesis that transitivity best describes the data of the vast majority of participants. …

Several experimental studies observed substantial violations of transitivity in decisions between risky lotteries over … generating violations of transitivity. Since we find neither substantial nor systematic deviations from transitive choice …

Transitivity is perhaps the most fundamental choice axiom and, therefore, almost all economic models assume that … preferences are transitive. The empirical literature has regularly documented violations of transitivity, but these violations … deterministic part of individuals' preferences. However, what if transitivity violations reflect individuals' nontransitive …