Ellsberg paradox, take 4:

Glad you all liked the series of Ellsberg paradox posts. If you're interested in these issues, check out the following fairly accessible article: Mark J. Machina, *Choice Under Uncertainty: Problems Solved and Unsolved*, Journal of Economic Perspectives, Summer 1987, at 121.

Related Posts (on one page):

- A most ingenious paradox:
- Ellsberg paradox, take 4:
- Ellsberg paradox, take 3:
- Ellsberg paradox, take 2:
- Balls: