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In this paper, I discuss the difference between accommodated evidence (i.e. when evidence is known first and a … hypothesis is the proposed to explain and fit the observations) and predicted evidence (i.e., when evidence verifies the … prediction of a hypothesis formulated before observing the evidence) from a behavioral as well as a statistical perspective …
Persistent link: https://www.econbiz.de/10010884462
The difference between accommodated evidence (i.e. when evidence is known first and a hypothesis is proposed to explain … and fit the observations) and predicted evidence (i.e., when evidence verifies the prediction of a hypothesis formulated … before observing the evidence) is investigated. According to Bayesian confirmation theory, accommodated and predicted …
Persistent link: https://www.econbiz.de/10011019097
The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well as nonexpected...
Persistent link: https://www.econbiz.de/10010552859
Mandatory disclosure of evidence and double jeopardy are considered to be among the most important bulwarks against …
Persistent link: https://www.econbiz.de/10005198709
The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the probability of wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well...
Persistent link: https://www.econbiz.de/10010897151
The principle that it is better to let some guilty individuals be set free than to mistakenly convict an innocent person is generally shared by legal scholars, judges and lawmakers of modern societies. The paper shows why this common trait of criminal procedure is also efficient. It extends the...
Persistent link: https://www.econbiz.de/10004964411
Im vorliegenden Aufsatz wird ein Begriffskonzept entwickelt, das zum besseren Verständnis des Zusammenspiels der Dynamiken von Ökosystemen und Wirtschaft dient: das Konzept des Bestandes. Der Bestandsbegriff wird allgemein mengentheoretisch formuliert. Die zentrale Eigenschaft eines Bestandes...
Persistent link: https://www.econbiz.de/10009004753