The Allais Paradox. When you are faced with the opportunity of your life, will you fall into this paradox? What lotteries/bets have you chosen? This decision theory experiment is one of the examples of violations of the axiom of independence.
The Allais Paradox. When you are faced with the opportunity of your life, will you fall into this paradox? What lotteries/bets have you chosen? This decision theory experiment is one of the examples of violations of the axiom of independence.
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