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Related papers: Contradictory predictions

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Randomness in scientific estimation is generally assumed to arise from unmeasured or uncontrolled factors. However, when combining subjective probability estimates, heterogeneity stemming from people's cognitive or information diversity is…

Methodology · Statistics 2015-05-28 Ville Satopää , Robin Pemantle , Lyle Ungar

Randomness in scientific estimation is generally assumed to arise from unmeasured or uncontrolled factors. However, when combining subjective probability estimates, heterogeneity stemming from people's cognitive or information diversity is…

Methodology · Statistics 2015-09-14 Ville A. Satopää , Robin Pemantle , Lyle H. Ungar

We establish bounds on the probability that two different agents, who share an initial opinion expressed as a probability distribution on an abstract probability space, given two different sources of information, may come to radically…

Probability · Mathematics 2019-03-20 Krzysztof Burdzy , Jim Pitman

We revisit the classic problem of aggregating binary advice from conditionally independent experts, also known as the Naive Bayes setting. Our quantity of interest is the error probability of the optimal decision rule. In the case of…

Probability · Mathematics 2024-12-24 Aryeh Kontorovich , Ariel Avital

We derive new upper and lower bounds for probabilities that $r$ or at least $r$ from $n$ events occur. These bounds can turn to equalities. The method is discussed as well. It works for measurable space and measures with sign, too. We also…

Probability · Mathematics 2020-08-12 Andrei N. Frolov

We study the problem of robust forecast aggregation: combining expert forecasts with provable accuracy guarantees compared to the best possible aggregation of the underlying information. Prior work shows strong impossibility results, e.g.…

Computer Science and Game Theory · Computer Science 2025-12-08 Rafael Frongillo , Mary Monroe , Eric Neyman , Bo Waggoner

Bayesian experts who are exposed to different evidence often make contradictory probabilistic forecasts. An aggregator, ignorant of the underlying model, uses this to calculate her own forecast. We use the notions of scoring rules and…

Economics · Quantitative Finance 2018-02-13 Itai Areili , Yakov Babichenko , Rann Smorodinsky

Prediction markets provide an efficient means to assess uncertain quantities from forecasters. Traditional and competitive strictly proper scoring rules have been shown to incentivize players to provide truthful probabilistic forecasts.…

Computer Science and Game Theory · Computer Science 2012-02-20 SangIn Chun , Ross D. Shachter

In a real expert system, one may have unreliable, unconfident, conflicting estimates of the value for a particular parameter. It is important for decision making that the information present in this aggregate somehow find its way into use.…

Artificial Intelligence · Computer Science 2013-04-15 Henry Hamburger

Several predictive algorithms are described. Highlighted are variants that make predictions by superposing fields associated to the training data instances. They operate seamlessly with categorical, continuous, and mixed data. Predictive…

Machine Learning · Computer Science 2022-05-10 Cristian Alb

It is part of our daily social-media experience that seemingly ordinary items (videos, news, publications, etc.) unexpectedly gain an enormous amount of attention. Here we investigate how unexpected these events are. We propose a method…

Physics and Society · Physics 2014-12-09 José M. Miotto , Eduardo G. Altmann

Forecasts support decision making in a variety of applications. Statistical models can produce accurate forecasts given abundant training data, but when data is sparse, rapidly changing, or unavailable, statistical models may not be able to…

Applications · Statistics 2020-05-19 Thomas McAndrew , Nutcha Wattanachit , G. Casey Gibson , Nicholas G. Reich

In this work we study the problem of inferring a discrete probability distribution using both expert knowledge and empirical data. This is an important issue for many applications where the scarcity of data prevents a purely empirical…

Machine Learning · Computer Science 2020-01-08 Rémi Besson , Erwan Le Pennec , Stéphanie Allassonnière

Mixture of experts is a prediction aggregation method in machine learning that aggregates the predictions of specialized experts. This method often outperforms Bayesian methods despite the Bayesian having stronger inductive guarantees. We…

Machine Learning · Computer Science 2026-01-26 Bruce Rushing

When eliciting forecasts from a group of experts, it is important to reward predictions so that market participants are incentivized to tell the truth. Existing mechanisms partially accomplish this but remain susceptible to groups of…

Theoretical Economics · Economics 2024-11-26 Jack Edwards

The problem of aggregating expert forecasts is ubiquitous in fields as wide-ranging as machine learning, economics, climate science, and national security. Despite this, our theoretical understanding of this question is fairly shallow. This…

Computer Science and Game Theory · Computer Science 2022-02-24 Eric Neyman , Tim Roughgarden

Proper scoring rules incentivize experts to accurately report beliefs, assuming predictions cannot influence outcomes. We relax this assumption and investigate incentives when predictions are performative, i.e., when they can influence the…

Artificial Intelligence · Computer Science 2023-05-31 Caspar Oesterheld , Johannes Treutlein , Emery Cooper , Rubi Hudson

In order to improve forecasts, a decisionmaker often combines probabilities given by various sources, such as human experts and machine learning classifiers. When few training data are available, aggregation can be improved by incorporating…

Machine Learning · Computer Science 2012-07-19 Joseph Kahn

The setting of a right-censored random sample subject to contamination is considered. In various fields, expert information is often available and used to overcome the contamination. This paper integrates expert knowledge into the…

Methodology · Statistics 2023-03-28 Martin Bladt , Christian Furrer

Coherent lower previsions are general probabilistic models allowing incompletely specified probability distributions. However, for complete description of a coherent lower prevision -- even on finite underlying sample spaces -- an infinite…

Probability · Mathematics 2022-09-29 Damjan Škulj
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