Book contents
- Frontmatter
- Contents
- List of contributors
- Preface
- 1 Introduction: Bayesian decision theory – foundations and problems
- Part I Foundations of Bayesian decision theory
- Part II Conceptualization of probability and utility
- Part III Questionable rules of rationality
- 9 Allais' paradox
- 10 Sure-thing doubts
- 11 Prospect theory: An analysis of decision under risk
- 12 Generalized expected utility analysis and the nature of observed violations of the independence axiom
- Part IV Unreliable probabilities
- Part V Causal decision theory
- References
- Name index
- Subject index
9 - Allais' paradox
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- List of contributors
- Preface
- 1 Introduction: Bayesian decision theory – foundations and problems
- Part I Foundations of Bayesian decision theory
- Part II Conceptualization of probability and utility
- Part III Questionable rules of rationality
- 9 Allais' paradox
- 10 Sure-thing doubts
- 11 Prospect theory: An analysis of decision under risk
- 12 Generalized expected utility analysis and the nature of observed violations of the independence axiom
- Part IV Unreliable probabilities
- Part V Causal decision theory
- References
- Name index
- Subject index
Summary
- Type
- Chapter
- Information
- Decision, Probability and UtilitySelected Readings, pp. 163 - 165Publisher: Cambridge University PressPrint publication year: 1988
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