Back to search

The So-Called Allais Paradox and Rational Decisions under Uncertainty

Data up to Jan 2025

Published1979
Citations242
References194

Total Citations Per Year

Abstract

References (194)

An introduction to probability theory and its applications

1958 • 31,109 citations

Theory of games and economic behavior

2019 • 17,685 citations

A Behavioral Model of Rational Choice

1955 • 14,167 citations

The American Economic Review

2013 • 8,512 citations

Risk, Ambiguity, and the Savage Axioms

1961 • 7,563 citations

The Quarterly Journal of Economics

2024 • 7,295 citations

FOUNDATIONS OF STATISTICS

2001 • 7,247 citations

Theory of probability

1939 • 6,981 citations

The Advanced Theory of Statistics.

1978 • 6,960 citations

The Theory of Games and Economic Behavior

1945 • 5,878 citations

Risk Aversion in the Small and in the Large

1976 • 4,953 citations

Risk Aversion in the Small and in the Large

1964 • 4,664 citations

The Foundations of Statistics.

1955 • 4,262 citations

Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine

1953 • 3,997 citations

Models of Man.

1959 • 3,748 citations

Liquidity Preference as Behavior Towards Risk

1958 • 3,747 citations

International Encyclopedia of the Social Sciences.

1968 • 3,578 citations

The Utility Analysis of Choices Involving Risk

1948 • 3,029 citations

AN ESSAY TOWARDS SOLVING A PROBLEM IN THE DOCTRINE OF CHANCES

1958 • 2,978 citations

Theory of Value

1959 • 2,689 citations

Exposition of a New Theory on the Measurement of Risk

1954 • 2,688 citations

The theory of decision making.

1954 • 2,645 citations

A Treatise on Probability

1921 • 2,619 citations

The International Encyclopedia of the Social Sciences

1969 • 2,108 citations

Handbook of mathematical psychology: I.

1963 • 2,015 citations

Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility

1980 • 1,958 citations

Psychology

1962 • 1,950 citations

Aspects of the Theory of Risk-Bearing.

1966 • 1,931 citations

Foundations of the Theory of Probability

1951 • 1,795 citations

Rules for Ordering Uncertain Prospects

1969 • 1,748 citations

Bayesian statistical inference for psychological research.

1963 • 1,732 citations

MATHEMATICAL METHODS IN THE SOCIAL SCIENCES, 1959

1960 • 1,679 citations

Journal of the Royal Statistical Society.

1921 • 1,670 citations

La prévision : ses lois logiques, ses sources subjectives

1937 • 1,470 citations

Princeton University Press

2017 • 1,414 citations

Weltwirtschaftliches Archiv

1927 • 1,329 citations

The Theory of Probability

1922 • 1,303 citations

Cardinal Utility in Welfare Economics and in the Theory of Risk-taking

1953 • 1,080 citations

Optimal rules for ordering uncertain prospects

1975 • 867 citations

Behavioral Decision Theory

1961 • 765 citations

The Fundamental Approximation Theorem of Portfolio Analysis in terms of Means, Variances and Higher Moments

1970 • 735 citations

An Axiomatic Approach to Measurable Utility

1953 • 708 citations

Alternative Approaches to the Theory of Choice in Risk-Taking Situations

1951 • 670 citations

Topological methods in cardinal utility theory

2008 • 651 citations

Cardinal Utility in Welfare Economics and in the Theory of Risk-Taking

1980 • 650 citations

Collected scientific papers

1956 • 640 citations

Calcul des probabilités

1925 • 632 citations

Risk and uncertainty: a fallacy of large numbers

1963 • 628 citations

Equilibrium in a Reinsurance Market

1992 • 604 citations

The Development of Utility Theory. I

1950 • 591 citations

Proceedings of the Royal Irish Academy

1917 • 574 citations

Mathematical Methods in the Social Sciences

1964 • 568 citations

Utility Theory without the Completeness Axiom

1962 • 567 citations

Handbook of Mathematical Psychology

1967 • 553 citations

Theorie analytique des probabilites

1812 • 541 citations

Third-Degree Stochastic Dominance

2016 • 523 citations

Economia Internazionale.

1960 • 500 citations

An Experimental Measurement of Utility

1951 • 463 citations

An Experimental Measurement of Utility

2007 • 436 citations

ESSAI PHILOSOPHIQUE SUR LES PROBABILITÉS

2009 • 435 citations

Utility Theory: Axioms Versus ‘Paradoxes’

1979 • 412 citations

Dynamic Decision Theory and Probabilistic Information Processings

1962 • 406 citations

New Directions in Psychology

1962 • 403 citations

BINARY CHOICE CONSTRAINTS AND RANDOM UTILITY INDICATORS

1959 • 398 citations

The Expected-Utility Hypothesis and the Measurability of Utility

1952 • 381 citations

Rational Behavior, Uncertain Prospects, and Measurable Utility (1950)

1974 • 368 citations

The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money

1989 • 367 citations

Probability, Utility, and the Independence Axiom

1952 • 355 citations

Étude critique de la notion de collectif

1939 • 346 citations

Choice, Expectations and Measurability

1954 • 334 citations

Proceedings of the Third Berkeley Symposium on Mathematical Statistics and Probability:

1956 • 320 citations

A Note on Uncertainty and Indifference Curves

1969 • 304 citations

A History of the Mathematical Theory of Probability from the Time of Pascal to that of Laplace

2001 • 303 citations

Optimal strategies for seeking information: Models for statistics, choice reaction times, and human information processing

1965 • 301 citations

The economics of uncertainty

1968 • 299 citations

Choice, Chance, and the Personal Distribution of Income

1953 • 296 citations

The principles of science: A treatise on logic and scientific method.

1924 • 293 citations

The safety loading of reinsurance premiums

1960 • 277 citations

Probability-Preferences in Gambling

1953 • 259 citations

Risk, Ambiguity, and the Savage Axioms: Comment

1961 • 254 citations

The Foundations of Decision Under Uncertainty: An Elementary Exposition

1976 • 249 citations

Classic and Current Notions of "Measurable Utility"

1954 • 236 citations

Conservatism in Complex Probabilistic Inference

1966 • 235 citations

Distortion of Subjective Probabilities as a Reaction to Uncertainty

1961 • 223 citations

Descriptive and Normative Implications of the Decision-Theory Postulates

1968 • 217 citations

The Foundations of Decision under Uncertainty: An Elementary Exposition

1964 • 203 citations

Sample size and the revision of subjective probabilities.

1965 • 201 citations

Proceedings of the Third Berkeley Symposium on Mathematical Statistics and Probability

1958 • 184 citations

St. Petersburg Paradoxes: Defanged, Dissected, and Historically Described

1977 • 180 citations

The Determinateness of the Utility Function

1939 • 169 citations

Analytical Economics. Issues and Problems

1969 • 166 citations

Risk, Probabilities, and a New Theory of Cardinal Utility

1977 • 164 citations

Utilities, Attitudes, Choices: A Review Note

1958 • 162 citations

The Development of Utility Theory. II

1950 • 161 citations

New Methods of Measuring Marginal Utility.

1932 • 156 citations

Stochastic Choice and Cardinal Utility

1958 • 150 citations

New Methods of Measuring Marginal Utility.

1932 • 148 citations

A General Theory of Rational Behavior in Game Situations

1966 • 147 citations

Probability and the Weighting of Evidence.

1951 • 147 citations

Probability-Preferences among Bets with Differing Expected Values

1954 • 136 citations

Allocation Under Uncertainty: Equilibrium and Optimality.

1975 • 134 citations

Continuity properties of a von Neumann-Morgenstern utility

1972 • 133 citations

The principles of science

1874 • 133 citations

The Determinateness of the Utility Function

1934 • 129 citations

The Theory of Risk

1967 • 127 citations

Emerging technologies for making decisions

1965 • 127 citations

A Dynamic Version of The Linear Expenditure Model

1972 • 125 citations

Reciprocal Reinsurance Treaties

1960 • 125 citations

Mathematical Economics and Game Theory

1977 • 123 citations

A UTILITY FUNCTION DEPENDING ON THE FIRST THREE MOMENTS

1969 • 117 citations

L'Extension des Theories de l'Equilibre Economique General et du Rendement Social au Cas du Risque

1953 • 116 citations

Method of Appraising Economic Prospects of Mining Exploration over Large Territories: Algerian Sahara Case Study

1957 • 116 citations

Decision Making: An Experimental Approach

1959 • 115 citations

Carl Menger and the Austrian School of Economics.

1974 • 111 citations

A Finitistic Axiomatization of Subjective Probability and Utility

1956 • 108 citations

Bevue de Metaphysique et de Morale

1901 • 108 citations

Explanation in the Behavioural Sciences

1972 • 95 citations

Reward probability, amount, and information as determiners of sequential two-alternative decisions.

1956 • 95 citations

Least concave utility functions

1976 • 95 citations

Journal of Political Economy

2001 • 93 citations

Towards a Positive Theory of Preferences under Risk

1979 • 92 citations

Money and the Theory of Assets

1938 • 91 citations

The Reliability of Probability-Preferences

1954 • 86 citations

Präferenz- und Entscheidungstheorie

1968 • 82 citations

Reciprocal reinsurance treaties seen as a two-person co-operative game

1960 • 79 citations

On the consistency of preferences in allais' paradox

1967 • 74 citations

Friedman-Savage Utility Functions Consistent with Risk Aversion

1970 • 73 citations

ON THE RECONCILIATION OF THEORIES OF PROBABILITY

1949 • 72 citations

DESCRIPTIVE, PREDICTIVE AND NORMATIVE THEORY

1972 • 70 citations

Fondements d'une theorie positive des choix comportant un risque et critique des postulats et axiomes de l'ecole americaine

1959 • 68 citations

Note on von Neumann-Morgenstern's Strong Independence Axiom

1952 • 68 citations

The Role of Subjective Probability and Utility in Decision-Making

1969 • 67 citations

The Neumann-Morgenstern Utility Index--An Ordinalist View

1951 • 66 citations

Internal consistency of subjective probabilities.

1965 • 63 citations

Uncertainty and the Utility Function

1948 • 62 citations

De l'utilité : contribution à la théorie des choix

1942 • 61 citations

Théorie des probabilités

1973 • 61 citations

The Elements of Probability Theory and Some of Its Applications

1955 • 59 citations

Rational Descriptions

1969 • 57 citations

The Elements of Probability Theory and Some of Its Applications.

1955 • 55 citations

Ordinal Preferences or Cardinal Utility?

1952 • 53 citations

The Role of Uncertainty in Economics

1979 • 53 citations

Economic Activity Analysis

1955 • 51 citations

Indifference Curves and Uncertainty

1968 • 48 citations

Economic Activity Analysis

1956 • 46 citations

A model for the experimental measurement of the utility of gambling

2007 • 46 citations

On utility functions

1974 • 43 citations

DECISION RULES DEPENDING ON THE PROBABILITY OF RUIN

1968 • 42 citations

Essays in Economic Thought: Aristotle to Marshall

1961 • 38 citations

The Rationale of the Mean-Standard Deviation Analysis: Reply and Errata for Original Article

1974 • 32 citations

The Rationale of the Mean-Standard Deviation Analysis: Comment

2016 • 30 citations

Decision Making: Economic Aspects (1968)

1974 • 28 citations

La psychologie de l'homme rationnel devant le risque : la théorie et l'expérience

1953 • 27 citations

Valeur pratique et philosophie des probabilités

1952 • 26 citations

On the Estimation of Dynamic Demand Functions

1972 • 26 citations

A non-linear model for the experimental measurement of utility

2007 • 26 citations

Behavioristic Foundations of Utility

1969 • 24 citations

Critical Examination of the New Foundation of Utility

1979 • 23 citations

PROBABILITÉ ET CERTITUDE

1949 • 23 citations

IEEE Transactions on Human Factors in Electronics

1966 • 21 citations

Behavioristic Foundations of Utility

1961 • 21 citations

Allocation Under Uncertainty: a survey

1974 • 17 citations

The Rationale of the Mean-Standard Deviation Analysis: Comment

1974 • 17 citations

Economic Equilibrium Under Uncertainty

1968 • 17 citations

Inconsistent behavior in lottery choice experiments

1967 • 16 citations

On the Nature of Expected Utility

1979 • 16 citations

Fondements d'une Theorie Positive des Choix Comportant un Risque et Critique des Postulats et Axiomes de l'Ecole Americaine.

1956 • 16 citations

Maximizing Expected Utility and the Rule of Long Run Success

1979 • 16 citations

LE VRAI ET LE PROBABLE

1949 • 15 citations

Utility, Risk, and Linearity

1959 • 15 citations

Utility and Stochastic Dominance

1979 • 14 citations

Towards a Unified Decision Theory: A Non-Bayesian Approach

1977 • 14 citations

The allais paradox: A comment

1968 • 13 citations

Utility and Expectation in Economic Behavior.

2004 • 13 citations

A Short Confirmation of my Standpoint

1979 • 13 citations

Utilities, Psychological Values, and the Training of Decision Makers

1979 • 11 citations

Les fondements logiques du calcul des probabilités

1937 • 11 citations

Expectation and Cardinality

1956 • 11 citations

Le Calcul des Probabilites, son Evolution Mathematique et Philosophique.

1928 • 10 citations

Economic Decision Making: Basic Concepts and Models

1974 • 9 citations

Expected utility expressed in terms of moments

1973 • 9 citations

Toward an Objectivistic Theory of Probability

1956 • 8 citations

CONCEPT ET MESURE DE LA PROBABILITÉ

1949 • 8 citations

LES FONDEMENTS DU CALCUL DES PROBABILITÉS

1949 • 7 citations

Can We Measure the Marginal Utility of Money?

1945 • 7 citations

Risk Aversion and Incentive Contracting*

1966 • 6 citations

Behaviourist Cardinalism in Utility Theory

1958 • 5 citations

Comparison of Decision Models and Some Suggestions

1979 • 5 citations

The Petersburg Paradox -- A Con Game?

1972 • 4 citations

L’incertitude et les probabilités

1960 • 3 citations

Les probabilités "subjectives" ont-elles une signification objective ?

1959 • 2 citations

Un article de J. Milnor : Les jeux contre la Nature

1960 • 2 citations

Théorie de l'aversion pour le risque: Un essai de confrontation à des résultats empiriques

1971 • 1 citations

Deleted Work

1955 • 0 citations

Cited By (0)

Loading...
The So-Called Allais Paradox and Rational Decisions under Uncertainty (1979) – Springer eBooks | Metascience Observatory Explorer