Is it always rational to satisfy Savage's axioms?

Economics and Philosophy

Volumn 25, Issue 3, 2009, Pages 285-296

  Gilboa, Itzhak ^a   Postlewaite, Andrew ^a   Schmeidler, David ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77249163936     PISSN: 02662671     EISSN: 14740028     Source Type: Journal    
DOI: 10.1017/S0266267109990241     Document Type: Article

References (19)

1. Al-Najjar, N. I. and J. Weinstein. 2009. The subjective approach to ambiguity: a critical assessment. Economics and Philosophy this volume.
2. Bewley, T. 2002. Knightian Decision Theory: Part I. Decisions in Economics and Finance 25: 79-110. (Working paper, 1986.)
3. Carnap, R. 1952. The continuum of inductive methods. Chicago: University of Chicago Press.
4. de Finetti, B. 1937. La Prevision: Ses Lois Logiques, Ses Sources Subjectives. Annales de l'Institute Henri Poincare 7: 1-68.
5. Ellsberg, D. 1961. Risk, ambiguity and the Savage axioms. Quarterly Journal of Economics 75: 643-669
6. Gilboa, I., A. Postlewaite and D. Schmeidler. 2004. Rationality of belief. Synthese forthcoming.
7. Gilboa, I. and D. Schmeidler. 1989. Maxmin expected utility with a non-unique prior. Journal of Mathematical Economics 18: 141-153 (Working paper, 1986.)
8. Gilboa, I. and D. Schmeidler. 1995. Case-based decision theory. Quarterly Journal of Economics 110: 605-639
9. Gilboa, I. and D. Schmeidler. 2001. A theory of case-based decisions. Cambridge: Cambridge University Press.
10. Jeffrey, R. 2004. Subjective probability: the real thing. Cambridge: Cambridge University Press.
11. Knight, F. H. 1921. Risk, uncertainty, and profit. Boston: Houghton Mifflin.
12. Levi, I. 1980. The enterprise of knowledge: an essay on knowledge, credal probability, and chance. Cambridge, MA: MIT Press.
13. Lindley, D. 1965. Introduction to probability and statistics from a Bayesian viewpoint. Cambridge: Cambridge University Press.
14. Mas-Colell, A., M. Whinston and J. Green. 1995. Microeconomic theory. New York: Oxford Press.
15. Ramsey, F. P. 1931. Truth and probability. In The foundation of mathematics and other logical essays. New York: Harcourt, Brace and Co.
16. Savage, L. J. 1954. The foundations of statistics.New York: JohnWiley and Sons. (Second edition in 1972, Dover.)
17. Schmeidler, D. 1989. Subjective probability and expected utility without additivity. Econometrica 57: 571-587 (Working paper, 1982.)
18. Shafer, G. 1986. Savage revisited. Statistical Science 1: 463-486
19. von Neumann, J. and O. Morgenstern. 1944. Games and economic behavior. New York:Wiley.