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Levi's account of preference reversals

Published online by Cambridge University Press:  01 April 2003

Erik Angner
Erik Angner
Affiliation:
University of Pittsburgh
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Abstract

This paper argues that Isaac Levi's account of preference reversals is only a limited success. Levi succeeds in showing that an agent acting in accord with his theory may exhibit reversals. Nevertheless, the specific account that Levi presents in order to accommodate the behavior of experimental subjects appears to be disconfirmed by available evidence.

Type
Research Article
Information
Economics & Philosophy , Volume 18 , Issue 2 , October 2002 , pp. 287 - 302
Copyright
© 2002 Cambridge University Press

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