Title of article :
Violations of betweenness or random errors?
Author/Authors :
Pavlo R. Blavatskyy، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2006
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
Journal title :
Economics Letters