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an important instance of this general rule; namely Keynes's views on the logic of probability, meant as the field … concerning human behaviour in an uncertain world (hence connected to, but distinct from, the pure theory of probability, meant as … probability and the main criticisms they received, pertaining among other things to the limits of their applicability. We then …
Persistent link: https://www.econbiz.de/10008609686
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
probability assumed by the standard model, actually made a theoretical case for uncertainty within the subjectivist approach. We …
Persistent link: https://www.econbiz.de/10008682261
Management is nowadays a basic vector of economic development, a concept frequently used in our country as well as all over the world. Indifferently of the hierarchical level at which the managerial process is manifested, decision represents its essential moment, the supreme act of managerial...
Persistent link: https://www.econbiz.de/10008853260
The issue of probabilities, uncertainties and risks has concerned society since anci ent times. By probability we can … see the possible realization of an act or event under certain conditions. Uncertainty is caused by emotional status of the … elements characterized by a possible description of probabilities under insecurity uncertainty conditions. …
Persistent link: https://www.econbiz.de/10011150688
potential event. Further, we demonstrate that probability fluctuation positively affects outcome uncertainty, which in turn … (probability fluctuation) experiment, we first show that hope and fear are valid indicators of suspense. We also determine that …
Persistent link: https://www.econbiz.de/10011049995
-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
graphing tools are used, such as, probability paper and different specifications of exponential functions representing … cumulative probability distributions. The argument is that traditional time-series analysis implies a given universe, usually … uncertainty (non-measureable risk) due to regime changes. The analogs show the investor how to determine when a regime change has …
Persistent link: https://www.econbiz.de/10005434797