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Local and regional coherence utility assessment procedures.

Melvin R. Novick;  D. F. Dekeyrel;  D. T. Chuang — 1980

Trabajos de Estadística e Investigación Operativa

Novick and Lindley (1978, 1979) have dealt with the use of utility functions for applications in education and have advocated the use of the standard gamble (von Neumann and Morgenstern, 1953) elicitation procedure with the addition of coherence checking using overspecification and a least squares fit. In this procedure utilities are inferred from probability judgements offered by the assessor. This paper describes local and regional coherence procedures which seek utility coherence in successive...

Beliefs about beliefs: Discussion.

Morris H. DeGroot;  Melvin R. Novick;  Seymour Geisser;  Tom Leonard;  Dennis V. Lindley — 1980

Trabajos de Estadística e Investigación Operativa

Discussion on the papers by Dickey, James M., Beliefs about beliefs, a theory for stochastic assessment of subjective probabilities and by Good, Irving John, Some history of the hierarchical Bayesian methodology, both of them part of a round table on Beliefs about beliefs held in the First International Congress on Bayesian Methods (Valencia, Spain, 28 May - 2 June 1979).

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