Axiom:Sure-Thing Axiom
Jump to navigation
Jump to search
Axiom
The sure-thing axiom states that:
If a rational decision-maker $P$ would prefer:
and:
then $P$ would prefer option $1$ over option $2$ in absence of any information about the occurrence or not of event $A$.
Sources
- 1991: Roger B. Myerson: Game Theory ... (previous) ... (next): $1.1$ Game Theory, Rationality, and Intelligence