Results 161 to 170 of about 3,807 (197)

Analysing Ellsberg’s Paradox by Means of Interval-Probability

1998
The results reported by Ellsberg (1961) are often considered paradoxical. Indeed they reveal behaviour contrasting the sure-thing principle. An analysis employing modern tools produces two insights: 1) The experimental setting of Ellsberg can be adequately described only by means of interval-probability.
Kurt Weichselberger, Thomas Augustin
openaire   +1 more source

The Testing Principle: Inductive Reasoning and the Ellsberg Paradox

Thinking & Reasoning, 1996
We postulate the Testing Principle : that individuals ''act like statisticians'' when they face uncertainty in a decision problem, ranking alternatives to the extent that available evidence allows. The Testing Principle implies that completeness of preferences, rather than the sure-thing principle, is violated in the Ellsberg Paradox. In the experiment,
openaire   +1 more source

SAVAGE AXIOMS, ELLSBERG’S PARADOX AND FUZZY OPTIMAL DECISION-CHOICE RATIONALITY

FUZZY ECONOMIC REVIEW, 2012
This essay is devoted to epistemics of Savage axioms and Ellsberg’s paradox in decision-choice actions in relation to fuzzy optimal decision-choice rationality in the space of uncertainties. The uncertainty space is partitioned into non-fuzzy stochastic sub-space and fuzzy-stochastic sub-space.
openaire   +1 more source

Lessons from the information paradox

Physics Reports, 2022
Suvrat Raju
exaly  

Conditional Preferences, Ellsberg Paradoxes and the Sure Thing Principle

1997
I consider a class of binary relations on a set of Anscombe-Aumann acts, each admitting a Choquet-expected utility representation, and propose a set of rationality postulates, centered on Myerson’s Subjective Substitution axiom, which characterize the given class as one of dynamically consistent, or coherent, conditional preferences. I show that, under
openaire   +1 more source

Counterfactual Priors: A Bayesian Response to Ellsberg's Paradox

SSRN Electronic Journal, 2023
Phoebe Koundouri, Nikitas Pittis, Panagiotis Samartzis   +2 more
openaire   +1 more source

The Ontology of Organizational Paradox: A Quantum Approach

Academy of Management Review, 2021
Tobias Hahn, Eric Knight
exaly  

Peto’s paradox put to the test

Nature Reviews Cancer, 2022
exaly  

LEONARD SAVAGE, THE ELLSBERG PARADOX AND THE DEBATE ON SUBJECTIVE PROBABILITIES: EVIDENCE FROM THE ARCHIVES

, 2020
Carlo Zappia
openalex   +2 more sources

Black hole remnants and the information loss paradox

Physics Reports, 2015
Dong-han Yeom
exaly