Daniel Ellsberg and the Validation of Normative Propositions
In the history of decision theory Daniel Ellsberg is known because his seminal paper “Risk, ambiguity and the Savage axioms” presented the counterexample to Bayesian decision-making that got the normative value of the theory into trouble. An assessment of Ellsberg’s contribution in the more encompas...
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Format: | Article |
Language: | English |
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Association Œconomia
2016-03-01
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Series: | Œconomia |
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Online Access: | http://journals.openedition.org/oeconomia/2276 |