Many Bayesian Confirmation Measures have been proposed so far. They are used to assess the degree to which an evidence (or premise) E supports or contradicts an hypothesis (or conclusion) H, making use of prior probability P(H), posterior probability P(H|E) and of probability of evidence P(E)....

Generally investors use heuristics in their process of decision-making with the aim of finding short-cuts and simplified roads to quite sophisticated answers. We conducted a survey on about 250 young people (18-27 years old) concerning their financial literacy and economic choices, given an...

This paper studies excess of loss reinsurance with reinstatements in the case in which the aggregate claims are generated by a discrete distribution, in the framework of risk adjusted premium principle. By regarding to comonotonic exchangeability, a generalized definition of initial premium is...