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The proof of the theorem of existence of the ruptures, namely the proof of maximality, is improved. The theorem may be used in economics and explain the well-known problems such as Allais’ paradox. Illustrated examples of ruptures are presented.
Persistent link: https://www.econbiz.de/10009403452
The theorem of existence of the ruptures in the probability scale was proved in 2010. The theorem is used to analyze …, including application of the theorem. Its most significant result: when uncertainty increases, then taking the theorem into …
Persistent link: https://www.econbiz.de/10009369617
A theorem of existence of ruptures in the probability scale has been proven. The theorem can be used, e.g., in …
Persistent link: https://www.econbiz.de/10008596366
The principle of uncertain future: the probability of a future event contains an (hidden) uncertainty. The first … probability system of a future event is incomplete. The second consequence provides a solution of the incompleteness of systems of … preferences, of ambiguity aversion, of the Ellsberg paradox, etc. …
Persistent link: https://www.econbiz.de/10005835901
The theorem of existence of the ruptures in the probability scale has been proved for a discrete case. The theorem can …
Persistent link: https://www.econbiz.de/10008526960
The development of probability theory together with the Bayesian approach in the three last centuries is caused by two …, 2007], the nature of these key factors is so various, that their descriptions are required special uncertainty theories …, which differ from the probability theory and the Bayesian credo, and provide a better account of the various facets of …
Persistent link: https://www.econbiz.de/10005619517
and of the probability scale. The theorems can be used, e.g., in economics and forecasting. …
Persistent link: https://www.econbiz.de/10008574286
The theorem of existence of ruptures in the probability scale has been proved. The theorem can be used, e.g., in …
Persistent link: https://www.econbiz.de/10008577644
The article raises the question of possible existence of ruptures, gaps in the probability scale which are caused by … standard probability distributions. …
Persistent link: https://www.econbiz.de/10008587482
-zero dispersion of the function is proved. The theorem has an applied character. It is aimed to be used in the probability theory and …
Persistent link: https://www.econbiz.de/10011113980