Ruptures in the probability scale? Calculation of ruptures’ dimensions
AbstractThe article raises the question of possible existence of ruptures, gaps in the probability scale which are caused by noises, uncertainties. A hypothesis of existence of such ruptures may be used to solve a number of problems of, e.g., utility theory in economics. The calculations give the dimensions of ruptures can be more than 1/3 of the standard deviation for the standard probability distributions.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 19348.
Date of creation: 15 Dec 2009
Date of revision:
probability; uncertainty; utility; economics; decisions; risk;
Find related papers by JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
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- Harin, Alexander, 2010.
"Теорема О Существовании Разрывов В Шкале Вероятностей
[Theorem of existence of ruptures in the probability scale]," MPRA Paper 20593, University Library of Munich, Germany.
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