Browsing Department of Business and Management Science by Subject "Savage’s theory of choice"
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Intuitive probability of non-intuitive events
(Discussion paper;15/23, Working paper, 2023-09-29)Quantitative probability in the subjective theory is assumed to be finitely additive and defined on all the subsets of an underlying state space. Functions from this space into an Euclidian n-space create a new probability ...