Intransitive Indifference and Revealed Preference
نویسندگان
چکیده
منابع مشابه
Selling to Consumers with Intransitive Indifference*
We are indifferent between two cups of coffee when one differs from the other in having only one more grain of sugar. But such an indifference is not transitive, because eventually, after many enough grains of sugar are added, we will become able to tell one cup is sweeter than the other. When consumers feature intransitive indifference, putting a bad deal alongside a good deal can boost the sa...
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ژورنال
عنوان ژورنال: Econometrica
سال: 1987
ISSN: 0012-9682
DOI: 10.2307/1911162