The Dilemma: Suppose you have 2 urns in front of you, Urn A and Urn B . Both urns contain red marbles and black marbles. Urn A has 50 of each colour, making it to a total of 100 marbles, but Urn B’s mixture is unknown. What we know however is that it also contains 100 […]
Entries Tagged as 'certainty of information'
The Ellsberg Paradox
January 13th, 2013 No Comments
Tags: certainty of information · Ellsberg paradox · Jonathan Fields · Khalil Gibran · others · Reason and Passion · social judgement · uncertainty