A linkage to reconcile measurable utility derived from intensity comparisons or from probability mixtures is provided in this note. This brief note is in honor of Lloyd Shapley whose relatively unknown seminal paper on measurable utility from axioms involving the fineness of perception offered a...

Is truth-value of a statement what lying aversion is all about? We propose an experimental test and find only limited support. In this context with 'bare promises', we also test for guilt aversion and again find only limited support.

The issue of how to best elicit charitable contributions has long been an important one for charitable organizations. Some recent studies have examined different schemes for eliciting contributions for public radio and maximizing revenue for commercial purposes. Our study is a pure field...