bn:02863335n
Noun Concept
Categories: Wagering, Thought experiments, Articles with short description
EN
coherence  De finetti's game  coherent  Dutch book argument  Dutch book paradox
EN
In a thought experiment proposed by the Italian probabilist Bruno de Finetti in order to justify Bayesian probability, an array of wagers is coherent precisely if it does not expose the wagerer to certain loss regardless of the outcomes of events on which they are wagering, even if their opponent makes the most judicious choices. Wikipedia
Definitions
Sources
EN
In a thought experiment proposed by the Italian probabilist Bruno de Finetti in order to justify Bayesian probability, an array of wagers is coherent precisely if it does not expose the wagerer to certain loss regardless of the outcomes of events on which they are wagering, even if their opponent makes the most judicious choices. Wikipedia
A concept in Bayesian statistics Wikipedia Disambiguation