A Preference Experiment.

Merrill M. Flood

ResearchPublished 1952

An investigation to determine if a set of objects can have exactly the same monetary value but differ widely and inconsistently in personal utilities attached to them by subjects. Thirteen subjects made sealed bids on 24 objects, each object being a chance at stated odds at a specified sum of money. 15 pp

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1952
  • Pages: 15
  • Document Number: RM-780-PR

Citation

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Flood, Merrill M., A Preference Experiment. Santa Monica, CA: RAND Corporation, 1952. https://www.rand.org/pubs/research_memoranda/RM780.html.
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