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Violations of betweenness or random errors?


Blavatskyy, Pavlo R (2006). Violations of betweenness or random errors? Economics Letters, 91(1):34-38.

Abstract

A betweenness axiom states that if A and B are equally good then a mixture of A and B is equally good as well. This note demonstrates that the violations of the betweenness axiom documented in several experimental studies can be alternatively attributed to the effect of random errors.

A betweenness axiom states that if A and B are equally good then a mixture of A and B is equally good as well. This note demonstrates that the violations of the betweenness axiom documented in several experimental studies can be alternatively attributed to the effect of random errors.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:April 2006
Deposited On:11 Feb 2008 12:29
Last Modified:05 Apr 2016 12:22
Publisher:Elsevier
ISSN:0165-1765
Publisher DOI:10.1016/j.econlet.2005.10.011
Permanent URL: http://doi.org/10.5167/uzh-2224

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