• 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