Coherence in the aggregate: a betting method for belief functions on many-valued events
Flaminio, Tommaso; Godo, Lluis; and Hosni, Hykel
(2015)
Coherence in the aggregate: a betting method for belief functions on many-valued events
International Journal of Approximate Reasoning, 58.
pp. 71-86.
ISSN 0888-613X
Betting methods, of which de Finetti's Dutch Book is by far the most well-known, are uncertainty modelling devices which accomplish a twofold aim. Whilst providing an (operational) interpretation of the relevant measure of uncertainty, they also provide a formal definition of coherence. The main purpose of this paper is to put forward a betting method for belief functions on MV-algebras of many-valued events which allows us to isolate the corresponding coherence criterion, which we term coherence in the aggregate. Our framework generalises the classical Dutch Book method.
| Item Type | Article |
|---|---|
| Keywords | belief functions,necessity measures,subjective probability,many-valued events,betting methods,de Finetti |
| Departments | CPNSS |
| DOI | 10.1016/j.ijar.2015.01.001 |
| Date Deposited | 27 Feb 2015 10:46 |
| URI | https://researchonline.lse.ac.uk/id/eprint/61102 |
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