Klein, Ingo; Grottke, Michael - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2008
Keynes (1911) derived general forms of probability density functions for which the "most probable value" is given by the arithmetic mean, the geometric mean, the harmonic mean, or the median. His approach was based on indirect (i.e., posterior) distributions and used a constant prior...
