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Nested identification of subjective probabilities

✍ Scribed by Jacques H. Dreze

Book ID: 107689734
Publisher: Springer-Verlag
Year: 2011
Tongue: English
Weight: 234 KB
Volume: 3
Category: Article
ISSN: 1869-4187
DOI: 10.1007/s13209-011-0049-4

No coin nor oath required. For personal study only.

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This article deals with decision making by individual persons, living systems at the organism level. It presents a methodology for extracting a set of subjective probabilities from such a decision maker. The method involves obtaining an N x N matrix of compared probabilities and then finding the max