On Categorical Scales of Utility
Bibliographic Data
| ID | 19276281 |
|---|---|
| Authors | Kazuo Nakatani (Senshu University, corresponding author) |
| Year | 1971 |
| Volume | 13 |
| Issue | 3 |
| Pages | 103-114 |
| Publication date | 1971-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Japanese Psychological Research (JOURNAL) |
| Journal identifiers | ISSN: 0021-5368 • E-ISSN: 1468-5884 |
| Publisher | The Japanese Psychological Association (PUBLISHER • JP) |
| DOI | 10.4992/psycholres1954.13.103 |
| OpenAlex | W2179004920 |
| Language | EN |
| References cited | 2 |
Utility functions concerning supposed moneys were obtained at the level of interval scale by means of the method of successive categories. They were found to conform to the Fechnerian logarithmic equation, while ratio utility scale constructed by double stimulus method had been found to be congruent with the Stevens' power law. Individual differences in the categorical ratings were discussed by factor analytic technique. A new and simple calculation method based on simplex correlation matrix was proposed on assumption of random walking model about judgment variability
Categorical variable · Combinatorics · Correlation · Econometrics · Logarithm · Logarithmic scale · Mathematical analysis · Scale (ratio) · Simplex · Statistics · Applied Mathematics · Fuzzy Systems and Optimization · Mathematics · Multi-Criteria Decision Making · Water Quality and Resources Studies
| Highly cited | No |
|---|