Decision under Uncertainty

Brian Hill ()
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Brian Hill: HEC Paris - Recherche - Hors Laboratoire - HEC Paris - Ecole des Hautes Etudes Commerciales, CNRS - Centre National de la Recherche Scientifique, GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique

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Abstract: A series of famous examples casts doubt on the standard, Bayesian account of belief and decision in situations of considerable uncertainty. They have spawned a significant literature in economics, and to a lesser extent philosophy. This chapter some of this literature, with an emphasis on the normative issue of rational decision. [Pre-print version: please see the book for the final version, and cite it.]

Date: 2021-12-14
New Economics Papers: this item is included in nep-cwa, nep-hpe and nep-upt
Note: View the original document on HAL open archive server: https://hal.science/hal-03504015
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Published in MIT Press. The Handbook of Rationality, 2021, 9780262045070

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