Expected counterfactual utility satisfies the vNM axioms on the space of all potential outcomes, yielding a coherent preference representation that reconciles the Russian roulette inconsistency and the Allais paradox.
Title resolution pending
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
econ.TH 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
An Axiomatic Foundation for Decisions with Counterfactual Utility
Expected counterfactual utility satisfies the vNM axioms on the space of all potential outcomes, yielding a coherent preference representation that reconciles the Russian roulette inconsistency and the Allais paradox.