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Intransitivity
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== Occurrences in preferences<!--This section is linked from [[Preference (economics)]]--> == * Intransitivity can occur under [[majority rule]], in probabilistic outcomes of [[game theory]], and in the [[Condorcet voting]] method in which ranking several candidates can produce a loop of preference when the weights are compared (see [[voting paradox]]). * [[Intransitive dice]] demonstrate that the relation "{{sic|die|hide=y}} ''X'' rolls a higher number than die ''Y'' more than half the time" need not be transitive. * In [[psychology]], intransitivity often occurs in a person's [[Value system|system of values]] (or [[preference]]s, or [[Taste (sociology)|tastes]]), potentially leading to unresolvable conflicts. * Analogously, in [[economics]] intransitivity can occur in a consumer's [[Preference (economics)|preferences]]. This may lead to [[consumer behaviour]] that does not conform to perfect [[Rationality#Economics|economic rationality]]. Economists and philosophers have questioned whether violations of transitivity must necessarily lead to 'irrational behaviour' (see Anand (1993)).
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