IDEAS home Printed from https://ideas.repec.org/a/bla/metroe/v60y2009i2p283-301.html
   My bibliography  Save this article

Evidence Theory As A Procedure For Handling Novel Events

Author

Listed:
  • Guido Fioretti

Abstract

Evidence Theory is a branch of the mathematics of uncertain reasoning that entails profound epistemological differences with respect to Probability Theory. In fact, its paradigmatic situation is the judge who must evaluate testimonies, rather than the gambler who must evaluates odds. Unlike a gambler, who faces a definite set of possibilities, a judge maybe forced to change her evaluation because of novel possibilities suggested by unexpected testimonies. In this sense, Evidence Theory provides a formalization of some among Shackles intuitions. While the details of the connections between Shackle's theory and Evidence Theory have been explored elsewhere, this article is devoted to a detailed explanation of the working of Evidence Theory. An example is discussed in detail and several domains of application are briefly sketched.

Suggested Citation

  • Guido Fioretti, 2009. "Evidence Theory As A Procedure For Handling Novel Events," Metroeconomica, Wiley Blackwell, vol. 60(2), pages 283-301, May.
    • Handle: RePEc:bla:metroe:v:60:y:2009:i:2:p:283-301
    DOI: 10.1111/j.1467-999X.2008.00331.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-999X.2008.00331.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-999X.2008.00331.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Joel A. C. Baum & Helaine J. Korn, 1999. "Dynamics of dyadic competitive interaction," Strategic Management Journal, Wiley Blackwell, vol. 20(3), pages 251-278, March.
    2. Guido Fioretti, 2004. "Evidence Theory: A Mathematical Framework For Unpredictable Hypotheses," Metroeconomica, Wiley Blackwell, vol. 55(4), pages 345-366, November.
    3. Guido Fioretti, 2001. "A mathematical theory of evidence for G.L.S. Shackle," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 2(1), pages 77-98, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fioretti, Guido, 2009. "Either, Or. Exploration of an Emerging Decision Theory," MPRA Paper 12897, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fioretti, Guido, 2009. "Either, Or. Exploration of an Emerging Decision Theory," MPRA Paper 12897, University Library of Munich, Germany.
    2. Mark Bergen & Margaret A. Peteraf, 2002. "Competitor identification and competitor analysis: a broad-based managerial approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 157-169.
    3. SangHyun Cheon & Dong-Wook Song & Sungjin Park, 2018. "Does more competition result in better port performance?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(3), pages 433-455, September.
    4. Faouzi Bensebaa, 2003. "La dynamique concurrentielle:défis analytiques et méthodologiques," Revue Finance Contrôle Stratégie, revues.org, vol. 6(1), pages 5-37, March.
    5. Jean-Sebastien Lacam, 2017. "Opportunism Sanctions In Diverse And International Co-Opetition : The Case Of French Boating Companies," Post-Print hal-02088571, HAL.
    6. Chi‐Hyon Lee & Manuela N. Hoehn‐Weiss & Samina Karim, 2021. "Competing both ways: How combining Porter's low‐cost and focus strategies hurts firm performance," Strategic Management Journal, Wiley Blackwell, vol. 42(12), pages 2218-2244, December.
    7. Pham, Tho & Talavera, Oleksandr & Yang, Junhong, 2016. "Multimarket Competition and Profitability: Evidence from Ukrainian banking," MPRA Paper 72376, University Library of Munich, Germany.
    8. Raventós, Pedro & Zolezzi, Sandro, 2016. "Cement in Central America: Global players in a local industry," Journal of Business Research, Elsevier, vol. 69(2), pages 395-399.
    9. Claudio Giachetti & Ettore Spadafora, 2017. "Conformity or Nonconformity in Multinationality? Performance Implications for the Italian Ceramic Tile Manufacturers," Management International Review, Springer, vol. 57(5), pages 683-715, October.
    10. Bouncken, Ricarda B. & Fredrich, Viktor & Kraus, Sascha & Ritala, Paavo, 2020. "Innovation alliances: Balancing value creation dynamics, competitive intensity and market overlap," Journal of Business Research, Elsevier, vol. 112(C), pages 240-247.
    11. Murakami, Hideki & Asahi, Ryota, 2011. "Multimarket Contact And Market Power: A Case Of The U.S. Airline Industry," Hitotsubashi Journal of commerce and management, Hitotsubashi University, vol. 45(1), pages 81-88, October.
    12. Hideki Murakami & Ryota Asahi, 2011. "An empirical analysis of the effect of multimarket contacts on air carriers' pricing behaviors: A case of the U.S," Discussion Papers 2011-35, Kobe University, Graduate School of Business Administration.
    13. John Stephan & Johann Peter Murmann & Warren Boeker & Jerry Goodstein, 2003. "Bringing Managers into Theories of Multimarket Competition: CEOs and the Determinants of Market Entry," Organization Science, INFORMS, vol. 14(4), pages 403-421, August.
    14. Diestre, Luis & Lumineau, Fabrice & Durand, Rodolphe, 2023. "Litigate or let it go? Multi-market contact and IP infringement-litigation dynamics," Research Policy, Elsevier, vol. 52(6).
    15. Lucio Fuentelsaz & Jaime Gómez, "undated". "Multipoint Competition, Mutual Forbearance and Entry into Geographic Markets," Studies on the Spanish Economy 127, FEDEA.
    16. William P. Barnett & Elizabeth G. Pontikes, 2008. "The Red Queen, Success Bias, and Organizational Inertia," Management Science, INFORMS, vol. 54(7), pages 1237-1251, July.
    17. Faouzi Bensebaa, 2001. "Impact des sphères d'influence sur le comportement concurrentiel des firmes," Revue Finance Contrôle Stratégie, revues.org, vol. 4(2), pages 33-61, March.
    18. GHERTMAN, Michel & HADIDA, Allegre L., 1999. "Institutions, Institutional Change, Strategic Assets and Competitive Advantage of American and French Film Industries (1895-1998)," HEC Research Papers Series 669, HEC Paris.
    19. Barnett, William P. & Pontikes, Elizabeth G., 2006. "The Red Queen, Success Bias, and Organizational Inertia," Research Papers 1936, Stanford University, Graduate School of Business.
    20. Wenpin Tsai, 2002. "Social Structure of “Coopetition” Within a Multiunit Organization: Coordination, Competition, and Intraorganizational Knowledge Sharing," Organization Science, INFORMS, vol. 13(2), pages 179-190, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:metroe:v:60:y:2009:i:2:p:283-301. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0026-1386 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.