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reference made to it in current decision theory. But Savage's reaction to his critics has never been examined. Although Savage … substantive. In particular, Savage's defence of the normative value of his theory against counterexamples such as Ellsberg's did …
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For choice with deterministic consequences, the standard rationality hypothesis is ordinality, i.e., maximization of a …
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(2010) that jointly considers objective and subjective rationality. These rationality concepts are subject to the Bewley …
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