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Vulture comments on Knightian Uncertainty and Ambiguity Aversion: Motivation - LessWrong
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In the Ellsberg paradox, mightn't people just be preferring not to do all the math involved in figuring out whether the uncertain option is worth it, and therefore just be sticking to the "safe bet" of 2a? Although I suppose that that would be a sort of ambiguity aversion itself.