Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/150148
Authors: 
Bikhchandani, Sushil
Segal, Uzi
Year of Publication: 
2011
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 6 [Year:] 2011 [Issue:] 1 [Pages:] 95-108
Abstract: 
Preferences may arise from regret, i.e., from comparisons with alternatives forgone by the decision maker. We ask whether regret-based behavior is consistent with non-expected utility theories of transitive choice and show that the answer is no. If choices are governed by ex ante regret and rejoicing then non-expected utility preferences must be intransitive.
Subjects: 
Regret
transitivity
non-expected utility
JEL: 
D81
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Article

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