Updating Probabilities for a Mineral Exploration Project

This paper describes a mineral exploration project conducted by a junior mining company within a probabilistic framework. In particular, it shows how beliefs about a project can be updated in response to a series of new pieces of information about the project associated with exploration activities using subjective probabilities. Several alternative frameworks are briefly mentioned as ways to improve on this simplified model.

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Year of publication:	2018-02-08
Authors:	Bell, Peter

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Bell, Peter (2018): Updating Probabilities for a Mineral Exploration Project.
Classification:	C00 - Mathematical and Quantitative Methods. General ; C02 - Mathematical Methods ; G1 - General Financial Markets
Source:	BASE

Persistent link: https://www.econbiz.de/10015259234