On the measurement of inequality under uncertainty

Article Abstract:

An evaluation of inequality under uncertainty or risk reveals that risk must first be reduced and present indices measuring social profiles do not account for risk. Accounting risk into social profiles reveals that values in one table are small compared with the other table assessing risk but there is no determined relation. By contrast, risk has to be accounted as risk is the first step in determining inequality and present equations do not allow that.

Research and Development in the Physical, Engineering, and Life Sciences, Statistics, Analysis, Measurement, Gini coefficient, Statistics (Mathematics), Uncertainty, Inequalities (Mathematics)

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Updating ambiguous beliefs

Article Abstract:

An analysis of rules for updating ambiguous beliefs in economic theory is presented. The analysis focuses on some update rules under conditions of absentunique additive prior. Bayesian update rules and maximum likelihood rules are then established non-additive and additive probabilities respectively. It is shown that approaches based on decisions ascribed for both theories reach a convergence.

Decision-making, Decision making, Economic aspects, Bayesian statistical decision theory, Bayesian analysis, Probabilities, Probability theory

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Fact-free learning

Article Abstract:

A study on human learning, using linear regrsession, with relation to humans' existing knowledge theory is presented.

United States, Science & research, Spain, Regression analysis, Perceptual learning, Facts (Philosophy), Knowledge

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