A Probabilistic Theory of Consumer Behavior
The Quarterly Journal of Economics · 1956 · Volume 70 · Issue 4
Abstract
I. The state of affairs, 507. — II. The deficiency of the Complete Ordering Axiom, 508. — III. Redefinition of preference and the choice mechanism, 510. — IV. Intransitivity, 518. — V. Expected behavior under price and income changes, 525. — VI. Conclusion, 536.
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