Do Preference Reversals Disappear When We Allow for Probabilistic Choice?
研究在概率偏好框架下，偏好反转现象是否主要由非传递性选择导致，发现选择和估值任务引发不同的认知过程，对偏好建模和诱导有启示。
The “preference reversal phenomenon,” a systematic disparity between people’s valuations and choices, poses challenges for theory and policy. Using a very general formulation of probabilistic preferences, we show that the phenomenon is not mainly due to intransitive choice. We find a high degree of regularity within choice tasks and also within valuation tasks, but the two types of tasks appear to evoke very different cognitive processes, even when the experimental environment tries to minimise differences. We discuss possible implications for modelling and eliciting preferences. Data, as supplemental material, are available at http://dx.doi.org/10.1287/mnsc.2015.2333 . This paper was accepted by Manel Baucells, decision analysis.