Institute of Information Theory and Automation

Human-like intelligence: Ellsberg's paradox

Lecturer: Prof. Radim JirouĊĦek, DrSc.
Date and time: 05.06.2017 - 14:00
Room: 25
Department: Decision Making Theory (MTR)

Details:

Daniel Ellsberg (* 1931) is a former United States military analyst who, while employed by the RAND Corporation released the Pentagon Papers, a top-secret Pentagon study of U.S. government decision-making in relation to the Vietnam War. Afterward, he was charged under the Espionage Act along with other charges carrying a total maximum sentence of 115 years. Due to the defense by top attorneys, he was dismissed of all charges in 1973. In 2006, Ellsberg was awarded the Right Livelihood Award.

He is also known for the Ellsberg's paradox, wich he formulated in the paper Risk, ambiguity and the Savage axioms published in Journal of Economics (1961). This paradoxical behavior along with its belief functions model will be explained in the lecture (no preliminary knowledge of belief functions is required).

Institute of Information Theory and Automation