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  • Toward a rational-choice foundation of non-additive theories 

    Amarante, Massimiliano (Université de Montréal. Département de sciences économiques., 2009-09)
    A classical argument of de Finetti holds that Rationality implies Subjective Expected Utility (SEU). In contrast, the Knightian distinction between Risk and Ambiguity suggests that a rational decision maker would obey the SEU paradigm when the information ...