Showing 1 - 2 of 2
Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory put forward by Shackle in the 1950s, before expected...
Persistent link: https://www.econbiz.de/10005140343
Evidence Theory is a branch of the mathematics of uncertain reasoning that entails profound epistemological differences with respect to Probability Theory. In fact, its paradigmatic situation is the judge who must evaluate testimonies, rather than the gambler who must evaluates odds. Unlike a...
Persistent link: https://www.econbiz.de/10005659049