Violations of betweenness or random errors?

被引：22

作者：

Blavatskyy, PR ^{[1
]}

机构：

[1] Univ Zurich, Inst Empir Res Econ, CH-8006 Zurich, Switzerland

来源：

ECONOMICS LETTERS | 2006年 / 91卷 / 01期

关键词：

decision theory; stochastic utility; betweenness; quasi-convex; quasi-concave;

D O I：

10.1016/j.econlet.2005.10.011

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. (c) 2005 Elsevier B.V. All rights reserved.

引用

页码：34 / 38

页数：5

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