On the likelihood of cyclic comparisons

A-Tier
Journal: Journal of Economic Theory
Year: 2012
Volume: 147
Issue: 6
Pages: 2483-2491

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

One problem caused by cycles of choice functions is indecisiveness—decision makers will be paralyzed when they face choice sets with more than two options. We investigate the procedure of “random sampling” where the alternatives are random variables. When comparing any two alternatives, the decision maker samples each of the alternatives once and ranks them according to the comparison between the two realizations. We show that while this procedure may lead to violations of transitivity, the probability of such cycles is bounded from above by 827. Even lower bounds are obtained for some other related procedures.

Technical Details

RePEc Handle
repec:eee:jetheo:v:147:y:2012:i:6:p:2483-2491
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29