THE ECONOMICS OF UNCERTAINTY XIII

Abstract

An elementary presentation of the Bayesian approach to subjective probabilities is given. This is related to the credibility theory developed by American actuaries.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1965
Accession Number
AD0618377

Entities

People

  • Karl Borch

Organizations

  • University of California, Los Angeles

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Bayesian Networks
  • California
  • Casualties
  • Contracts
  • Distribution Functions
  • Economics
  • Equations
  • Insurance
  • Mathematics
  • New York
  • Normal Distribution
  • Probability
  • Probability Distributions
  • Random Variables
  • Statistics
  • Uncertainty
  • United States

Fields of Study

  • Mathematics

Technology Areas

  • AI & ML
  • AI & ML - Bayesian Inference
  • AI & ML - DoD AI Strategy