Racetrack betting and consensus of subjective probabilities
β Scribed by Lawrence D Brown; Yi Lin
- Publisher
- Elsevier Science
- Year
- 2003
- Tongue
- English
- Weight
- 173 KB
- Volume
- 62
- Category
- Article
- ISSN
- 0167-7152
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
## CARLWAGNER ALLOCATION, LEHRER MODELS, AND THE CONSENSUS OF PROBABILIq?IES 1. ALLOCATION PROBLEMS Rational choice often involves the assignment of values to numerical decision variables. In some cases the most appropriate values of these variables are obvious and one can move with dispatch to ap
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