Title of article
Violations of betweenness or random errors?
Author/Authors
Pavlo R. Blavatskyy، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
34
To page
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.
Keywords
Quasi-concave , Quasi-convex , Betweenness , decision theory , Stochastic utility
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435894
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