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The biased balance: observation, formalism and interpretation of a dissymmetric measuring device

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Author Info
Marc Le Menestrel ()
Abstract

This paper studies a balance whose unobservable fulcrum is not necessarily located at the middle of its two pans. It presents three different models, showing how this lack of symmetry modifies the observation, the formalism and the interpretation of such a biased measuring device. It argues that the biased balance can be an interesting source of inspiration for broadening the representational theory of measurement.

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File URL: http://www.econ.upf.edu/docs/papers/downloads/1006.pdf
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Publisher Info
Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 1006.

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Date of creation: Jan 2007
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Handle: RePEc:upf:upfgen:1006

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Web page: http://www.econ.upf.edu/

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Related research
Keywords: Representational theory of measurement; biased measurement; bias; rationality; irrationality; observer; dependence; indeterminacy; invariance;

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Find related papers by JEL classification:
A0 - General Economics and Teaching - - General
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
C0 - Mathematical and Quantitative Methods - - General
D0 - Microeconomics - - General

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Marc Le Menestrel & Luk N. Van Wassenhove, 2001. "The Domain and Interpretation of Utility Functions: An Exploration," Economics Working Papers 576, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  2. Marc Menestrel & Bertrand Lemaire, 2006. "Ratio-Scale Measurement with Intransitivity or Incompleteness: The Homogeneous Case," Theory and Decision, Springer, vol. 60(2), pages 207-217, 05. [Downloadable!] (restricted)
  3. Marc Le Menestrel & Luk Van Wassenhove, 2001. "The Domain and Interpretation of Utility Functions: An Exploration," Theory and Decision, Springer, vol. 51(2), pages 329-349, December. [Downloadable!] (restricted)
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This page was last updated on 2009-11-13.


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