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Toward a rational-choice foundation of non-additive theories
(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 ...
Analogy in Decision-Making
(Université de Montréal. Département de sciences économiques., 2009-09)
In the context of decision making under uncertainty, we formalize the concept of analogy: an analogy between two decision problems is a mapping that transforms one problem into the other while preserving the problem's ...