Aerts, Diederik; Broekaert, Jan; Czachor, Marek; … - Volkswirtschaftliche Fakultät, … - 2011
The expected utility hypothesis is one of the building blocks of classical economic theory and founded on Savage's Sure-Thing Principle. It has been put forward, e.g. by situations such as the Allais and Ellsberg paradoxes, that real-life situations can violate Savage's Sure-Thing Principle and...