The common outcome effect is an example of the violation of the independence Axiom.

Name: The common outcome effect is an example of the violation of the independence Axiom.
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The common outcome effect, where people's preferences change when an identical outcome is added to different alternatives, violates the independence axiom of expected utility theory, which states that preferences between options should not change with the introduction of a common outcome.

The Common Outcome Effect Is an Example of the Violation