Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062669 | Economics Letters | 2006 | 5 Pages |
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pavlo R. Blavatskyy,