Notes

There is a huge literature in economics dealing with unforeseen contingencies. See [Dekel, Lipman, and Rusticchini 1998] for a relatively recent overview and references. Very little seems to exist on the problem of dealing with uncertain domains; the work of Manski [1981] and Goldstein [1984] are two of the few exceptions. There is also a huge literature showing that people are not very good at dealing with probability, largely inspired by the work of Kahneman, Tversky, and their colleagues (see [Kahneman, Slovic, and Tversky 1982]). As I mentioned in the notes to Chapter 5, much work has been done on finding notions of uncertainty and decision rules that are more descriptively accurate (although how successful this work has been is debatable).