Hostname: page-component-586b7cd67f-rcrh6 Total loading time: 0 Render date: 2024-11-27T11:34:00.905Z Has data issue: false hasContentIssue false
  • English
  • Français

Levi on the Allais and Ellsberg Paradoxes

Published online by Cambridge University Press:  05 December 2008

Patrick Maher
Patrick Maher
Affiliation:
University of Michigan, Ann Arbor
Get access Rights & Permissions [Opens in a new window]

Abstract

An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content.
Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Discussions
Information
Economics & Philosophy , Volume 5 , Issue 1 , April 1989 , pp. 69 - 78
Copyright
Copyright © Cambridge University Press 1989

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Allais, M. 1953a. “The Foundations of a Positive Theory of Choice Involving Risk and a Criticism of the Postulates and Axioms of the American School.” Translation of “Fondements d'une Théorie Positive des Choix comportant un Risque et Critique des Postulats et Axiomes de l'École Américaine.” In Expected Utility and the Allais Paradox, edited by Allais, M. and Hagen, O., pp. 27–145. Dordrecht: D. Reidel, 1979.Google Scholar
Allais, M. 1953b. “Le Comportment de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'École Américaine.” Econometrica 21:503–46.CrossRefGoogle Scholar
Allais, M. 1979. “The So-Called Allais Paradox and Rational Decisions Under Uncertainty.” In Expected Utility and the Allais Paradox, edited by Allais, M. and Hagen, O., pp. 437–681. Dordrecht: D. Reidel.CrossRefGoogle Scholar
Chew, Soo Hong. 1981. “A Mixture Set Axiomatization of Weighted Utility Theory.” Fourth revision of a 1981 working paper.Google Scholar
Eells, E. 1982. Rational Decision and Causality. Cambridge: Cambridge University Press.Google Scholar
Ellsberg, D. 1961. “Risk, Ambiguity, and the Savage Axioms.” Quarterly Journal of Economics 75:643–99.CrossRefGoogle Scholar
Gärdenfors, P., and Sahlin, N.-E. 1982. “Unreliable Probabilities, Risk-Taking, and Decision Making.” Synthese 53:361–86.CrossRefGoogle Scholar
Kahneman, D., and Tversky, A. 1979. “Prospect Theory: An Analysis of Decisions Under Risk.” Econometrica 47:263–91.CrossRefGoogle Scholar
Levi, I. 1974. “On Indeterminate Probabilities.” Journal of Philosophy 71:391–418.CrossRefGoogle Scholar
Levi, I. 1980. The Enterprise of Knowledge. Cambridge, Mass.: MIT Press.Google Scholar
Levi, I. 1986a. Hard Choices. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Levi, I. 1986b. “The Paradoxes of Allais and Ellsberg.” Economics and Philosophy 2:23–54.CrossRefGoogle Scholar
MacCrimmon, K. R. 1968. “Descriptive and Normative Implications of the Decision-Theory Postulates.” In Risk and Uncertainty, edited by Borch, K. and Mossin, J., pp. 3–23. New York: St. Martin's Press.Google Scholar
MacCrimmon, K. R., and Larsson, S. 1979. “Utility Theory: Axioms versus ‘Paradoxes.’” In Expected Utility and the Allais Paradox, edited by Allais, M., and Hagen, O., pp. 333–409. Dordrecht: D. Reidel.CrossRefGoogle Scholar
Machina, M. 1982. “Expected Utility Analysis Without the Independence Axiom.” Econometrica 50:277–323.CrossRefGoogle Scholar
McClennen, E. F. 1983. “Sure Thing Doubts.” In Foundations of Utility and Risk Theory with Applications, edited by Stigum, B. and Wenstop, F., pp. 117–36. Dordrecht: D. Reidel.CrossRefGoogle Scholar
Moscowitz, H. 1974. “Effects of Problem Representation and Feedback on Rational Behavior in Allais and Morlat-type Problems.” Decision Sciences 5:225–41.CrossRefGoogle Scholar
Raiffa, H. 1961. “Risk, Ambiguity and the Savage Axioms: Comment.” Quarterly Journal of Economics 75:690–94.CrossRefGoogle Scholar
Savage, L. J. 1954. The Foundations of Statistics. New York: John Wiley. Second edition, New York: Dover, 1972.Google Scholar
Skyrms, B. 1984. Pragmatics and Empiricism. New Haven: Yale University Press.Google Scholar
Slovic, P., and Tversky, A. 1974. “Who Accepts Savage's Axiom?” Behavioral Science 19:368–73.CrossRefGoogle Scholar