Healthy scepticism as an expected-utility explanation of the phenomena of Allais and Ellsberg

DOI10.1007/BF00133627zbMath0825.90266OpenAlexW4243885682MaRDI QIDQ1185734

Joseph B. Kadane

Publication date: 28 June 1992

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf00133627

Mathematics Subject Classification ID

Utility theory (91B16) Decision theory for games (91A35)

Related Items (8)

On the Bayesianity of Pereira-Stern tests ⋮ A theory of robust experiments for choice under uncertainty ⋮ Expected utility for decision making with subjective models ⋮ On the rejectability of the subjective expected utility theory ⋮ Decision-theoretic justifications for Bayesian hypothesis testing using credible sets ⋮ The role of intuition and reasoning in driving aversion to risk and ambiguity ⋮ Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study ⋮ Ambiguity and decision modeling: A preference-based approach

Cites Work

• Risk, Ambiguity, and the Savage Axioms
• SSB and Weighted Linear Utility As Expected Utility with Suspicion
• Prospect Theory: An Analysis of Decision under Risk
• Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine

This page was built for publication: Healthy scepticism as an expected-utility explanation of the phenomena of Allais and Ellsberg