The Goodman-Nguyen relation within imprecise probability theory
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Publication:459043
DOI10.1016/J.IJAR.2014.06.002zbMATH Open1433.60002arXiv1503.01936OpenAlexW2022362664MaRDI QIDQ459043FDOQ459043
Publication date: 8 October 2014
Published in: International Journal of Approximate Reasoning (Search for Journal in Brave)
Abstract: The Goodman-Nguyen relation is a partial order generalising the implication (inclusion) relation to conditional events. As such, with precise probabilities it both induces an agreeing probability ordering and is a key tool in a certain common extension problem. Most previous work involving this relation is concerned with either conditional event algebras or precise probabilities. We investigate here its role within imprecise probability theory, first in the framework of conditional events and then proposing a generalisation of the Goodman-Nguyen relation to conditional gambles. It turns out that this relation induces an agreeing ordering on coherent or C-convex conditional imprecise previsions. In a standard inferential problem with conditional events, it lets us determine the natural extension, as well as an upper extension. With conditional gambles, it is useful in deriving a number of inferential inequalities.
Full work available at URL: https://arxiv.org/abs/1503.01936
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Cited In (10)
- The extent of partially resolving uncertainty in assessing coherent conditional plausibilities
- Conditional belief functions as lower envelopes of conditional probabilities in a finite setting
- Nguyen type theorem for extension principle based on a joint possibility distribution
- 2-coherent and 2-convex conditional lower previsions
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- On Fuzzy Theory for Econometrics
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