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

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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Year of publication:	2007-01
Authors:	Menestrel, Marc Le
Institutions:	Department of Economics and Business, Universitat Pompeu Fabra
Subject:	Representational theory of measurement \| biased measurement \| bias \| rationality \| irrationality \| observer \| dependence \| indeterminacy \| invariance

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Extent:	application/pdf
Series:	Economics Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Classification:	B4 - Economic Methodology ; C0 - Mathematical and Quantitative Methods. General ; D0 - Microeconomics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005772500