Trautmann, Stefan T.; Wakker, Peter P. - In: Economics Letters 109 (2010) 3, pp. 187-189
When process fairness deviates from outcome fairness, dynamic inconsistencies can arise as in nonexpected utility. Resolute choice (Machina) can restore dynamic consistency under nonexpected utility without using Strotz's precommitment. It can similarly justify dynamically consistent process...