"Ellsberg paradox" meaning in English

See Ellsberg paradox in All languages combined, or Wiktionary

Proper name

Forms: the Ellsberg paradox [canonical]
Etymology: Popularized by Daniel Ellsberg in his 1961 paper “Risk, Ambiguity, and the Savage Axioms”, although a version of it was noted considerably earlier by John Maynard Keynes. Head templates: {{en-prop|def=1}} the Ellsberg paradox
  1. A paradox of choice in which people's decisions produce inconsistencies with subjective expected utility theory. Synonyms: Ellsberg's paradox Related terms: ambiguity aversion

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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-03 from the enwiktionary dump dated 2024-05-02 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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