The Goodman-Nguyen relation within imprecise probability theory
From MaRDI portal
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.
Recommendations
- The Goodman-Nguyen relation in uncertainty measurement
- Notes on desirability and conditional lower previsions
- scientific article; zbMATH DE number 6148080
- A generalization of the fundamental theorem of de Finetti for imprecise conditional probability assessments
- A comparison of conditional coherence concepts for finite spaces
Cites work
- scientific article; zbMATH DE number 3936060 (Why is no real title available?)
- scientific article; zbMATH DE number 4092817 (Why is no real title available?)
- scientific article; zbMATH DE number 48344 (Why is no real title available?)
- scientific article; zbMATH DE number 3514748 (Why is no real title available?)
- Bayes theorem bounds for convex lower previsions
- Bets and boundaries: Assigning probabilities to imprecisely specified events
- Bruno de Finetti and the Logic of Conditional Events
- Characterization of coherent conditional probabilities as a tool for their assessment and extension
- Comparative probability for conditional events: A new look through coherence
- Convex measures of risk and trading constraints
- Elementary fundamentals of a more general probability theory. I: Interval probability as comprehensive conception. In cooperation with T. Augustin and A. Wallner
- GENERALIZING DUTCH RISK MEASURES THROUGH IMPRECISE PREVISIONS
- Inference and risk measurement with the pari-mutuel model
- Niveloids
- Notes on conditional previsions
- Quasi conjunction, quasi disjunction, t-norms and t-conorms: probabilistic aspects
- The Goodman-Nguyen relation in uncertainty measurement
- Uncertainty modelling and conditioning with convex imprecise previsions
- Williams coherence and beyond
Cited in
(11)- The extent of partially resolving uncertainty in assessing coherent conditional plausibilities
- Conditional submodular Choquet expected values and conditional coherent risk measures
- The Goodman-Nguyen relation in uncertainty measurement
- Weakly consistent extensions of lower previsions
- Probabilities of conditionals and previsions of iterated conditionals
- Algebraic aspects and coherence conditions for conjoined and disjoined conditionals
- On fuzzy theory for econometrics
- 2-coherent and 2-convex conditional lower previsions
- 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
- Weak Dutch books with imprecise previsions
This page was built for publication: The Goodman-Nguyen relation within imprecise probability theory
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q459043)
