Preference Reversals Without the Independence Axiom
通过实验发现，即使不违反独立性公理，被试的偏好反转现象仍会违反不对称性公理，这与期望效用理论及其推广不一致。
The preference reversal phenomenon was believed to be inconsistent with the transitivity axiom of decision theory. However, recent papers have demonstrated that previously observed preference reversals could be explained by subject violations of the independence axiom or the compound lottery axiom. The present paper reports the results of experiments in which a substantial proportion of subject responses violate the asymmetry axiom. These results are inconsistent with expected utility theory and its generalizations.