Recent models for fertility decision-making emphasize that subjective probabilities and beliefs may be as important determinants of fertility decisions as are attitudes, values, and utilities. This ...
WE do not make a general statement to the effect that subjective probabilities in all situations diminish with increase in age, but merely refer to the subjective probability of winning the uncertain ...
If an agent's preferences over subjectively uncertain acts are consistent with his or her having a subjective probability distribution over the states of nature, then those preferences can induce ...
Roth, A. E., and F. Schoumaker. "Subjective Probability and the Theory of Games: Some Further Comment." Management Science 29, no. 11 (November 1983): 1337–1340.
Subjective Probability In the course of their daily lives men must constantly measure the probability of events. How these personal judgements conform to the actual laws of probability is investigated ...
Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...
IN a communication under the above title, Cohen and Hansel 1 point out that if a prize is certain and large enough, in relation to the individual's scale of values, it will be preferred to an ...