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Articles

Costs of abandoning the Sure-Thing Principle

Pages 827-840 | Received 03 Nov 2015, Accepted 13 Nov 2015, Published online: 08 Jan 2016

References

  • Allais, Maurice. 1953. "Le comportement de l’homme rationnel devant le risque: critique des postulats et axiomes de l’ècole amèricaine." Econometrica 21 (4): 503–546.
  • Buchak, Lara. 2013 . Risk and Rationality. Oxford: OUP.
  • Hammond, Peter J. 1988. "Consequentialist Foundations for Expected Utility." Theory and Decision 25 (1):25–78.
  • Machina, Mark. 1989. "Dynamic Consistency and Non-expected Utility Models of Choice Under Uncertainty." Journal of Economic Literature 27 (4): 1622–1668.
  • McClennen, Edward F. 1990. Rationality and Dynamic Choice: Foundational Explorations. Cambridge: Cambridge University Press.
  • Savage, Leonard J. 1954. The Foundations of Statistics. New York: Wiley Publications in Statistics.

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