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Risk, Ambiguity, and the Savage Axioms

19617,812 citationsJournal Article

Authors

Daniel Ellsberg · RAND Corporation

Abstract

I. Are there uncertainties that are not risks? 643. — II. Uncertainties that are not risks, 647. — III. Why are some uncertainties not risks? — 656.

Topics & Keywords

Complex Systems and Decision Making Leadership, Behavior, and Decision-Making Studies Philosophy and History of Science

UN Sustainable Development Goals

Peace, Justice and strong institutions

Publication Details

Published in: The Quarterly Journal of Economics

Volume 75, Issue 4, pp. 643-643

DOI: 10.2307/1884324

Field-Weighted Citation Impact: 0.93

Risk, Ambiguity, and the Savage Axioms | Researchclopedia