相关论文: Utility-Probability Duality

In this paper we show that there is a link between approximate Bayesian methods and prior robustness. We show that what is typically recognized as an approximation to the likelihood, either due to the simulated data as in the Approximate…

We present a theory of expected utility with state-dependent linear utility functions for monetary returns, that incorporates the possibility of loss-aversion. Our results relate to first order stochastic dominance, mean-preserving spread,…

We consider estimation of the structural distribution function of the cell probabilities of a multinomial sample in situations where the number of cells is large. We review the performance of the natural estimator, an estimator based on…

This note considers the notion of divergence-preserving branching bisimilarity. It briefly surveys results pertaining to the notion that have been obtained in the past one-and-a-half decade, discusses its role in the study of expressiveness…

We present a variation of the water puzzle, which is related to a simple model of marginal utility. The problem has an intriguing solution and can be extended in several directions.

We present estimators for entropy and other functions of a discrete probability distribution when the data is a finite sample drawn from that probability distribution. In particular, for the case when the probability distribution is a joint…

We will discuss the link between scientific explanations and probabilities, specially in relationship with statistical mechanics and the derivation of macroscopic laws from microscopic ones.

Several probability distributions have been proposed in the literature, especially with the aim of obtaining models that are more flexible relative to the behaviors of the density and hazard rate functions. Recently, a new generalization of…

For utility functions $u$ finite valued on $\mathbb{R}$, we prove a duality formula for utility maximization with random endowment in general semimartingale incomplete markets. The main novelty of the paper is that possibly non locally…

Employing a generalized definition of Pratt (1964) and Arrow's (1965, 1971) probability premium, we introduce a new concept of attitude towards probability. We illustrate in a problem of risk sharing that whether attitude towards…

Selected examples of possible origins of power-law distributions are presented.

A utility function has been proposed that values more those lives that are saved by not imposing a harmful treatment and values less those lives that could be saved by treating people who would otherwise die. I do not dispute the ethical…

In this paper, we present some double inequalities involving certain ratios of the Gamma function. These results are further generalizations of several previous results. The approach is based on the monotonicity properties of some functions…

Some properties of the inverse of the Normal distribution are studied. Its derivatives, integrals and asymptotic behavior are presented.

In the paper, we establish an inequality involving the gamma and digamma functions and use it to prove the negativity and monotonicity of a function involving the gamma and digamma functions.

In this article, we study the distribution of values of Dirichlet $L$-functions, the distribution of values of the random models for Dirichlet $L$-functions, and the discrepancy between these two kinds of distributions. For each question,…

It is proposed that the physical universe is an instance of a mathematical structure which possesses a dual structure, and that this dual structure is the collection of all possible knowledge of the physical universe. In turn, the physical…

In this paper, closed-form expressions are presented for the variation of the expectation of a given function due to changes in the probability measure used for the expectation. They unveil interesting connections with Gibbs probability…

We highlight the different uses of the word 'likelihood' that have arisen in statistics and meteorology, and make the recommendation that one of these uses should be dropped to prevent confusion and misunderstanding.

This paper discusses the distributions of missing sums and differences.