Results 11 to 20 of about 1,871,243 (292)

Logic of subjective probability [PDF]

open access: yesCoRR, 2023
In this paper I discuss both syntax and semantics of subjective probability. The semantics determines ways of testing probability statements. Among important varieties of subjective probabilities are intersubjective probabilities and impersonal probabilities, and I will argue that well-tested impersonal probabilities acquire features of objective ...
Vovk, Vladimir
core   +4 more sources

A Study of the Subjective Probability Assessments necessary for the analysis of the Risk in Major Capital Investment Opportunities. [PDF]

open access: yes, 1976
Five case studies are analysed in depth and other investigations are carried out in order to answer questions concerned with: the nature of the distributions which are output from risk evaluation models. the important features of.
Hull, J. C.
core   +7 more sources

Categorical Versus Graded Beliefs

open access: yesFrontiers in Psychology, 2022
This essay discusses the difficulty to reconcile two paradigms about beliefs: the binary or categorical paradigm of yes/no beliefs and the probabilistic paradigm of degrees of belief.
Franz Dietrich
doaj   +1 more source

Expected utility for probabilistic prospects and the common ratio property [PDF]

open access: yesYugoslav Journal of Operations Research, 2023
We prove the existence of an expected utility function for preferences over probabilistic prospects satisfying Strict Monotonicity, Indifference, the Common Ratio Property, Substitution and Reducibility of Extreme Prospects.
Lahiri Somdeb
doaj   +1 more source

Subjective Probabilities on Subjectively Unambiguous Events [PDF]

open access: yesEconometrica, 2001
Summary: This paper suggests a behavioral definition of (subjective) ambiguity in an abstract setting where objects of choice are Savage-style acts. Then axioms are described that deliver probabilistic sophistication of preference on the set of unambiguous acts.
Larry G. Epstein, Jiankang Zhang
openaire   +3 more sources

A simple remedy for overprecision in judgment

open access: yesJudgment and Decision Making, 2010
Overprecision is the most robust type of overconfidence. We present a new method that significantly reduces this bias and offers insight into its underlying cause.
Uriel Haran   +2 more
doaj   +1 more source

An empirical investigation into the role of subjective prior probability in searching for potentially missing items [PDF]

open access: yesRoyal Society Open Science, 2015
There are many examples from the scientific literature of visual search tasks in which the length, scope and success rate of the search have been shown to vary according to the searcher's expectations of whether the search target is likely to be present.
T. R. Fanshawe
doaj   +1 more source

On revision of the Guide to the Expression of Uncertainty in Measurement: Proofs of fundamental errors in Bayesian approaches

open access: yesMeasurement: Sensors, 2022
The process of revising the Guide to the Expression of Uncertainty in Measurement (GUM) is ongoing. A successful revision must be theoretically sound, so it must be based on a recognized paradigm for scientific data analysis.
R. Willink
doaj   +1 more source

On Some Applications of the Vougiouklis Hyperstructures to Probability Theory

open access: yesRatio Mathematica, 2017
Some important concepts about algebraic hyperstructures, especially from a geometric point of view, are recalled. Many applications of the Hv structures, introduced by Vougiouklis in 1990, to the de Finetti subjective probability theory are considered ...
Antonio Maturo, Fabrizio Maturo
doaj   +1 more source

The narrative bias revisited: What drives the biasing influence of narrative information on risk perceptions?

open access: yesJudgment and Decision Making, 2015
When people judge risk or the probability of a risky prospect, single case narratives can bias judgments when a statistical base-rate is also provided.
Cornelia Betsch   +3 more
doaj   +1 more source

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