Imprecise probabilities and unstable betting behaviour

DOI10.1111/NOUS.12148MaRDI QIDQ4623334zbMATH OpenOpenAlexFDO

Authors Anna Mahtani

Publication date 15 February 2019

Published in Nôus (Search for Journal in Brave)

Full work available at URL http://eprints.lse.ac.uk/65608/1/Mahtani_Imprecise%20probabilities.pdf

Mathematics Subject Classification ID

Axioms; other general questions in probability (60A05) Fuzzy probability (60A86)

Recommendations

• Decisions without sharp probabilities
• Subjective probabilities need not be sharp
• The insufficiency of the Dutch Book argument
• Stable non-standard imprecise probabilities
• Dutch book arguments and imprecise probabilities

Cites work

• Markovian Decision Processes with Uncertain Transition Probabilities
• Revising incomplete attitudes
• Risk, ambiguity and the Savage axioms
• Subjective probabilities need not be sharp
• Unreliable probabilities, risk taking, and decision making
• You've come a long way, Bayesians

Cited in

(11)

• The interference problem for the betting interpretation of degrees of belief
• Rationality and indeterminate probabilities
• Kelly Betting on Horse Races with Uncertainty in Probability Estimates
• Stable non-standard imprecise probabilities
• Dutch book arguments and imprecise probabilities
• Decisions without sharp probabilities
• Estimating Probability Distributions by Observing Betting Practices
• How to be imprecise and yet immune to sure loss
• On the imprecision of full conditional probabilities
• Subjective probabilities need not be sharp
• Parimutuel betting under asymmetric information

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