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(2016) Readings in formal epistemology, Dordrecht, Springer.

Allais's paradox

Leonard Savage

pp. 357-360

Introspection about certain hypothetical decision situations suggests that the sure-thing principle and, with it, the theory of utility are normatively unsatisfactory. Consider an example based on two decision situations each involving two gambles.

Publication details

DOI: 10.1007/978-3-319-20451-2_19

Full citation:

Savage, L. (2016)., Allais's paradox, in H. Arló-Costa, V. F. Hendricks & J. Van Benthem (eds.), Readings in formal epistemology, Dordrecht, Springer, pp. 357-360.

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