In this paper,we present a brief version of de Finetti-Ramsey’s subjective probability theory and provide a rigorous yet intuitively plausible explanation of expected utility using elementary mathematics.In a final section,we take up the case of some“Paradoxes in Expected Utility Theory”and try to reconcile them with the help of subjective probabilities.
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机译:Observations regarding the decision no.53 of the 25th of January 2011 of the Constitutional Court respective to the Senate's decision to validate magistrates elected as members of the Superior Council of Magistrates