@article {IOPORT.05538756,
    author       = {Fontini, Fulvio},
    title        = {Probability and uncertainty: The legacy of Georgescu-Roegen.},
    year         = {2009},
    journal      = {Metroeconomica},
    volume       = {60},
    number       = {2},
    issn         = {0026-1386},
    pages        = {324-342},
    publisher    = {Wiley-Blackwell, Oxford},
    doi          = {10.1111/j.1467-999X.2008.00337.x},
    abstract     = {Summary: We consider Georgescu-Roegen's approach to uncertainty, showing that his characterization of expectations cannot be reduced to any probabilistic decision-making model. Drawing upon Georgescu-Roegen's lesson a lexicographical utility function is proposed and analysed in the mark of his own peculiar scientific methodology. It is demonstrated that such a formulation can be useful in solving the usual failure of the expected utility model, such as the Ellsberg paradoxes. The epistemic limits of our re-construction are considered.},
    identifier   = {05538756},
}