Violations of transitivity under fitness maximization
Open Access
- 29 May 2007
- journal article
- Published by The Royal Society in Biology Letters
- Vol. 3 (4), 365-367
- https://doi.org/10.1098/rsbl.2007.0111
Abstract
We present a novel demonstration that violations of transitive choice can result from decision strategies that maximize fitness. Our results depend on how the available options, including options not currently chosen, influence a decision-maker's expectations about the future. In particular, they depend on how the presence of an option may act as an insurance against a run of bad luck in the future.This publication has 16 references indexed in Scilit:
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