Endemic disease of animals is an economic problem as it deprives humans of scarce resources that might otherwise satisfy human wants. Optimisation methods identify the strategies that minimise this economic problem. Given the potentially vast extent of the deprivation, not only in terms of lost...

Endemic disease of animals is an economic problem as it deprives humans of scarce resources that might otherwise satisfy human wants. Optimisation methods identify the strategies that minimise this economic problem. Given the potentially vast extent of the deprivation, not only in terms of lost...

This paper models the empirical phenomenon of persistent “…fifty-…fifty ”probability judgements within a dynamic non-additive Savage framework. To this purpose I construct a model of Bayesian learning such that an agent’s probability judgement is characterized as the solution...