Cited by 7,891Decision-Making and Behavioral EconomicsExperimental Behavioral Economics StudiesRisk Perception and Management

“Risk, Ambiguity, and the Savage Axioms.”

Ellsberg, Daniel·1961·The Quarterly Journal of Economics

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.

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Crossref · 10.2307/1884324

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Authors
Ellsberg, D.
Affiliations
RAND Corporation (US)
Corresponding author
Ellsberg, Daniel
Venue
The Quarterly Journal of Economics
Published
1961-11
Volume
75
Issue
4
Pages
643
ISSN
0033-5533 (ISSN-L)
OpenAlex
W2027047704
Cited by
7,891
References
0
Citations by year
2026: 251 · 2025: 359 · 2024: 309 · 2023: 319 · 2022: 330 · 2021: 380 · 2020: 340 · 2019: 351 · 2018: 367 · 2017: 311 · 2016: 345 · 2015: 384 · 2014: 346 · 2013: 321 · 2012: 348
FWCI
0.72
Type
journal article
Language
en
Open access
closed
Locations
  • The Quarterly Journal of Economics (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • HighWire Press Open Archive (submittedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Safety Research › Experimental Behavioral Economics Studies
  • Social Sciences › Sociology and Political Science › Risk Perception and Management
Keywords
risk, ambiguity, Savage axioms, expected utility theory, decision making under uncertainty, ambiguity aversion, subjective probability

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