English, Article, Journal or magazine article edition: SYMMETRY, AMBIGUITY AND FREQUENCIES Larry G. Epstein; Kyoungwon Seo

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/120514
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • SYMMETRY, AMBIGUITY AND FREQUENCIES
Author
  • Larry G. Epstein
  • Kyoungwon Seo
Physical Description
  • preprint
Notes
  • We model a decision-maker who is facing a sequence of experiments, and whose perception is that outcomes are influenced by two factors - one that is well understood and fixed across experiments, and the other that is poorly understood and thought to be unrelated across experiments (the "error term"). Consequently, there is incomplete confidence that experiments are identical. We argue that a Bayesian model cannot capture the above, but that belief function utility can. Our formal contribution is to generalize the de Finetti Theorem on exchangeability to a framework where beliefs are represented by belief functions. Moreover, this is done while extending the scope of the bridge provided by de Finetti between subjectivist and frequentist approaches. In particular, a model of updating is provided.
  • RePEc:bos:wpaper:wp2009-003
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment