About 3,190 results
|Variance grows linearly with the forecasted horizon Trend or drift (here α > 0) |
According to the eighteenth-century Scottish national poet Robert Burns,1 “There
is no such uncertainty as a sure thing.” Management wants concrete answers!
|Uncertainty. of. 3. Sure. Thing. OES anybody ever D come into your place of |
business with a sure thing? They come to see me once in a ; while, and are so
full of ; confidence, ... There is no such thing as an unloaded gun, or a denatured
|To our knowledge, based on over 20 years of experience in the markets, there |
exists no such holy grail. ... no such thing as a sure thing in the markets any more
than there is a get‐rich‐quick scheme. Thus we derive Axiom 1: The reality that
investors often fail to acknowledge is that uncertainty is the basic premise of any
|The Choquet model captures ambiguity aversion/preference by weakening the |
Sure-Thing Principle just enough to allow ... Whenever there is no such potential,
that is, whenever the acts being mixed are comonotonic, the mixture property ...
|Any discussion of behavior, such as preference for randomization, that departs |
from what is considered standard raises ... Unfortunately, there are no studies
that I am aware of that examine this issue. ... based on the decision-theoretic
independence axiom/sure-thing principle to reject Ellsberg-type behavior as
|The only thing that we can know is that we know nothing and that is the highest |
flight of human wisdom.2 So not only are we feeling a sense of freedom ... there
is no such thing as the truth, only "MAYBE" which means, "I think, but I'm not sure.
|the lottery over $2500 and $0, but who chooses H* over G*, contrary to the sure-|
thing principle. While there seems no particular bar to treating the state of affairs
which results from choice of H* and a white ball being drawn ... G*.9 I do not
mean to suggest that application of the sure-thing principle can be undercut in
such cases simply by displaying some ... ticket in that the uncertainty as to what
will become of a person if he has a gift of a thousand dollars is not in principle
different from ...
|While there are other ways to express and work with uncertainty, probability |
forms an essential foundation; it is by far the most widely ... to the likelihood that
an event or condition occurs or exists, expressed as a number between 0 (no
chance) and 1 (sure thing). ... Such judgments should respond to available data,
and some are more defensible than others depending on how they are derived
and to ...
|Bruno, Giordano There is no such uncertainty as a sure thing. - Burns, Robert We |
are not certain, we are never certain. If we were we could reach some
conclusions, and we could, at last, make others take us seriously. - Camus, Albert
|Consider for instance an event A which is not certain but quite likely (γ(A) > ⊥) |
and consequence x such μ(x)=γ(A) > ⊥. ... The drowningeffect isalsooften
understoodasanincapacity toobey the well-known Sure-Thing Principle (STP) .
... a unique state s∗ such that ∀A,γ(A)= if s∗ ∈ A,γ(A)=⊥ if s∗ /∈ A.
ThismeansthatSugeno integral cannotbeefficientunless applied when there is no
uncertainty at all.