By Daniel Ellsberg
Ellsberg elaborates on "Risk, Ambiguity, and the Savage Axioms" and mounts a strong problem to the dominant thought of rational choice during this ebook.
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Additional resources for Risk, Ambiguity and Decision (Studies in Philosophy)
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Reprinted in I. Levi, The Covenant ofReason, Cambridge: Cambridge University Press,1997, ch. 10. Levi, I. (1990) "Pareto Unanimity and Consensus," Journal of Philosophy, 87, 481-92. Levi, I. " Philosophy of Science, 66. Introduction xxxvii Luce, R. , and Raiffa, H. (1957) Games and Decisions, New York: Wiley. Nozick, R. (1963) "The Normative Theory of Rational" Choice, Doctoral dissertation, Princeton University. MacCrirnmon, K. , and Larsson, S. (1979) "Utility Theory: Axioms versus Paradoxes," in Allais and Hagen, Expected Utility Hypotheses and the Allais Paradox, Dordrecht: Reidel.
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