Intransitive Preferences in Retailing
Year: 1984
Type: article
Abstract: According to Arrow's well-known ‘parardox of majority voting’, intransitivities can occur in the attempt to establish a social, inter-personal preference ordering. As has been shown by May [1954], for example, a logical equivalent of this paradox can also arise in the case of individual, personal preference orderings. The present paper shows that such cases are quite plausible and natural, in as common a context as the choice of a grocery store. The paper also shows that intransitivities may occur more generally, as a result of decision rules other than the logical equivalent of majority voting.
Source: Service Industries Journal
Author: Bart Nooteboom
Language: English
Subfield: General Decision Sciences
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1984863698