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

Marc Le Menestrel ()

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

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.

Keywords: Representational theory of measurement; biased measurement; bias; rationality; irrationality; observer; dependence; indeterminacy; invariance (search for similar items in EconPapers)
JEL-codes: A0 B4 C0 D0 (search for similar items in EconPapers)
Date: 2007-01
New Economics Papers: this item is included in nep-cbe
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:1006

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