information about probabilitiesreservation price for ambiguity resolutionoption valueIn this article, ambiguity attitude is measured through the maximum price a decision maker is willing to pay to know the probability of an event. Two problems are examined in which the decision maker faces an act: ...
1.Knowledge or facts learned, especially about a certain subject or event. See Synonyms atknowledge. 2.The act of informing or the condition of being informed; communication of knowledge:Safety instructions are provided for the information of our passengers. ...
In many real-life situations, in addition to the intervals [ xi, xi]of possible values of the unknowns x1,..., xn, we also have partial informationabout the probabilities of different values within these intervals.Daniel J. ... DJ Berleant,O Kosheleva,V Kreinovich,... 被引量: 0发表:...
The probabilities of access to the other web categories are around the value of 0.10. The small rise in the probability of access to the web category Pillar3 disclosure requirements is also interesting with the highest value of 0.145 in the 14th week but which afterwards decreases to a value ...
This requires insights about the environment (at least about the probabilities of its possible states). In today's "big data" economy, the entrepreneur would employ a data analyst to provide this intelligence about the environmental pattern. Information theory allows us to quantify the gained ...
, p m are the probabilities of the joint states available to the components in U [9]. Here, information content measures the number of yes-or-no questions which must be answered to identify one joint state out of all the joint states available to U, where more probable states can be id...
Understanding the quantum wave function Ψ as information leads to an information interpretation of quantum mechanics. The square of the wave function Ψ2 gives us the exact probabilities of different possibilities, which are objectively real, if immaterial. These multiple possibilities for a property...
(reflecting the change in chance probabilities from 50 to 33%), in line with a lower expectation of repeats when more stimuli are available if deviations from ceiling performance are simply due to noise. They repeated after lose T1s more often in 2-stimulus (52%) than 3-stimulus (38%) ...
aIn economic applications it is common to distinguish between risk and uncertainty based on the availability of information. In the case of risk, the probability distribution of the quantities studied can be assigned objectively, whereas in the case of uncertainty these probabilities must be assigned ...
Information about a system’s internal interactions is important to modeling the system’s dynamics. This study examines the finer categories of the information definition and explores the features of a type of local information that describes the intern