Lotterty Designs to Discriminate between Shackle's Theory. Expected Utility Theory and Non-expected Utility THeories

Shackle's theory of decision-making under uncertainty and the background to it are outlined. Its major prediction about action-choice is set out and proved. An experimental design to test its veracity is described; a design that it is demonstrated will make it possible to discriminate between Shackle's theory (and its clone, Ford's perspective theory) and non-expected utility theories. A means for distinguishing between Shackle's theory and perspective theory is noted.