In general, I thought that the Boal and Willis “Note on the Armstrong/Mitroff Debate” 1 provided an interesting and fair discussion. 2 The summary of the consequences of the subjective versus objective approaches (Table 1 in their paper) was helpful. It clearly outlined the dilemma faced by...

Digits in statistical data produced by natural or social processes are often distributed in a manner described by “Benford’s law”. Recently, a test against this distribution was used to identify fraudulent accounting data. This test is based on the supposition that real data follow the...

This paper proposes that people derive utility not only from goods or their attributes as in standard models, but also from their self-image as influenced by their own perception of their preferences. In a representative survey, most respondents considered their own concern for status when...