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Violations of betweenness or random errors?

Article ID Journal Published Year Pages File Type
5062669 Economics Letters 2006 5 Pages PDF
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
C91D81BetweennessDecision theoryQuasi-convex
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Violations of betweenness or random errors?
Authors
Pavlo R. Blavatskyy,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
C91
D81
Betweenness
Decision theory
Quasi-convex
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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