The sure-thing principle and P2

Liu, Yang

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Authors

Liu, Yang

Publication Date

2017-10-01

Journal Title

Economics Letters

ISSN

0165-1765

Publisher

Elsevier

Volume

159

Pages

221-223

Type

Article

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Citation

Liu, Y. (2017). The sure-thing principle and P2. Economics Letters, 159 221-223. https://doi.org/10.1016/j.econlet.2017.07.027

Abstract

This paper offers a fine analysis of different versions of the well known sure-thing principle. We show that Savage's formal formulation of the principle, i.e., his second postulate (P2), is strictly stronger than what is intended originally.

Identifiers

External DOI: https://doi.org/10.1016/j.econlet.2017.07.027

This record's URL: https://www.repository.cam.ac.uk/handle/1810/269957

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