Prospectism and the weak money pump argument Academic Article

abstract

• 2014, Springer Science+Business Media New York. Hare (Analysis 70:237247, 2010) proposes a view he calls prospectism for making choices in situations in which preferences have a common, but problematic structure. I show that prospectism permits the decision-maker to make a series of choices she knows in advance will lead to a sure loss. I also argue that a theory that permits the decision-maker to make choices she knows in advance will lead to a sure loss should be rejected.

authors

• Peterson, Martin

published proceedings

• Theory and Decision

author list (cited authors)

• Peterson, M.

citation count

• 5

complete list of authors

• Peterson, Martin

publication date

• March 2015

publisher

• Springer Nature  Publisher

published in

• Theory and Decision: an international journal for multidisciplinary advances in decision sciences  Journal

keywords

• 38 Economics
• 3801 Applied Economics
• 3803 Economic Theory

Digital Object Identifier (DOI)

• 10.1007/s11238-014-9435-2

start page

• 451

end page

• 456

volume

• 78

issue

• 3

URL

• http://dx.doi.org/10.1007/s11238-014-9435-2