objective and subjective variants of Bayesian probability differ mainly in their interpretation and construction of the prior probability. The term Bayesian...

In probability theory and statistics, Bayes' theorem (alternatively Bayes' law or Bayes' rule), named after Thomas Bayes, describes the probability of...

a subjective probability. Subjective probability creates a valuable link between formalisation and empirical experimentation. Formally, subjective probability...

its subjective plausibility, or the degree to which the statement is supported by the available evidence. On most accounts, evidential probabilities are...

appreciation for subjective probability (prior to and without Bayes theorem). Gauss and Laplace used frequentist (and other) probability in derivations...

version of subjective probability is Bayesian probability, which includes expert knowledge as well as experimental data to produce probabilities. The expert...

The theory of subjective expected utility combines two concepts: first, a personal utility function, and second a personal probability distribution (usually...

theory" itself was used in 1950 by E. L. Lehmann. The revival of subjective probability theory, from the work of Frank Ramsey, Bruno de Finetti, Leonard...

side of the bet to take. The price one sets is the "operational subjective probability" that one assigns to the proposition on which one is betting. If...

theory of subjective expected utility combines two subjective concepts: first, a personal utility function, and second a personal probability distribution...