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Williams Coherence and Beyond

PELESSONI, RENATO
•
VICIG, PAOLO
2009
  • journal article

Periodico
INTERNATIONAL JOURNAL OF APPROXIMATE REASONING
Abstract
In this paper we discuss the consistency concept of Williams coherence for imprecise conditional previsions, presenting a variant of this notion, which we call W-coherence. It is shown that W-coherence ensures important consistency properties and is quite general and well-grounded. This is done comparing it with alternative or anyway similar known and less known consistency definitions. The common root of these concepts is that they variously extend to imprecision the subjective probability approach championed by de Finetti. The analysis in the paper is also helpful in better clarifying several little investigated aspects of these notions.
DOI
10.1016/J.IJAR.2008.10.002
WOS
WOS:000265541700004
SCOPUS
2-s2.0-62749192554
Archivio
http://hdl.handle.net/11368/1952492
http://www.sciencedirect.com/science/article/pii/S0888613X08001643
Diritti
metadata only access
Soggetti
  • Conditional lower pre...

  • Williams coherence

  • Envelope theorem

  • Centered convex previ...

  • Conglomerability

Scopus© citazioni
27
Data di acquisizione
Jun 14, 2022
Vedi dettagli
Web of Science© citazioni
24
Data di acquisizione
Mar 28, 2024
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