Gambling with Death

Topoi, doi.org/10.1007/s11245-017-9519-z Abstract Orthodox expected utility theory imposes too stringent restrictions on what attitudes to risk one can rationally hold. Focusing on a life-and-death gambl

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Is risk aversion irrational? Examining the “fallacy” of large numbers

Synthese, doi.org/10.1007/s11229-018-01929-5 Abstract A moderately risk averse person may turn down a 50/50 gamble that either results in her winning $200 or losing $100. Such behaviour seems rational i

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