Showing 1 - 10 of 49
Old problems of the mathematical description of the economical behavior of a man are briefly reviewed. They are the comparison of choices of a man between uncertain and sure games and the radically different behavior of a man in different domains. The proposed solution of the problems consists...
Persistent link: https://www.econbiz.de/10015213893
A general forecasting correcting formula, as a framework for long-use and standardized forecasts, is created. The formula provides new forecasting resources and new possibilities for expansion of forecasting including economic forecasting into the areas of municipal needs, middle-size and...
Persistent link: https://www.econbiz.de/10015217054
A general correcting formula of forecasting (as a framework for long-use and standardized forecasts) is proposed. The formula provides new forecasting resources and areas of application including economic forecasting.
Persistent link: https://www.econbiz.de/10015217164
The article raises the question of possible existence of gaps, ruptures in the probability scale and of possible values of these ruptures. The calculations give 1/3 of the standard deviation as the minimal value of these ruptures for a number of standard distributions.
Persistent link: https://www.econbiz.de/10015217810
The article raises the question of possible existence of ruptures, gaps in the probability scale which are caused by noises, uncertainties. A hypothesis of existence of such ruptures may be used to solve a number of problems of, e.g., utility theory in economics. The calculations give the...
Persistent link: https://www.econbiz.de/10015219621
The principle of uncertain future: the probability of a future event contains a degree of (hidden) uncertainty. As a result, this uncertainty (in a sense, similar to vibrations, fluctuations) pushes the probability value back from the bounds to the middle of its range (from ~100% and ~0% to the...
Persistent link: https://www.econbiz.de/10015219779
A theorem of existence of ruptures in the probability scale has been proven. The theorem can be used, e.g., in economics and forecasting. It can assist to solve paradoxes such as Allais paradox and the “four-fold-pattern” paradox and to create the correcting formula of forecasting.
Persistent link: https://www.econbiz.de/10015220320
The theorem of existence of ruptures in the probability scale has been proved. The theorem can be used, e.g., in economics and forecasting. It can assist to solve paradoxes such as Allais paradox and the “four-fold-pattern” paradox and to create the correcting formula of forecasting.
Persistent link: https://www.econbiz.de/10015221522
The theorems of existence of the ruptures have been proved. The ruptures can exist near the borders of finite intervals and of the probability scale. The theorems can be used, e.g., in economics and forecasting.
Persistent link: https://www.econbiz.de/10015222009
The theorem of existence of the ruptures in the probability scale has been proved for a discrete case. The theorem can be used, e.g., in economics and forecasting. It can assist to solve paradoxes such as Allais paradox and the “four-fold-pattern” paradox and to create the correcting formula...
Persistent link: https://www.econbiz.de/10015222350