If that was the case we wouldn’t expect to have those results about the VNM consistency of such preferences.
Maybe? We might still have consistent results within this narrow experimental setup, but it’s not clear to me that it would generalize outside that setup.
If that was the case we wouldn’t expect to have those results about the VNM consistency of such preferences.
Maybe? We might still have consistent results within this narrow experimental setup, but it’s not clear to me that it would generalize outside that setup.