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Meaning of Ellsberg paradox | Babel Free

Noun CEFR B2

Definitions

A paradox of choice in which people's decisions produce inconsistencies with subjective expected utility theory.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

Ellson Ellsworth Ellsworth County Ellsworth Land ellsworthite Ellul

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