Peer Disagreement and Independence Preservation

It has often been recommended that the differing probability distributions of a group of experts should be reconciled in such a way as to preserve each instance of independence common to all of their distributions. When probability pooling is subject to a universal domain condition, along with state...

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Bibliographic Details
Published inErkenntnis Vol. 74; no. 2; pp. 277 - 288
Main Author Wagner, Carl G.
Format Journal Article
LanguageEnglish
Published Dordrecht Springer 01.03.2011
Springer Netherlands
Springer Nature B.V
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Summary:It has often been recommended that the differing probability distributions of a group of experts should be reconciled in such a way as to preserve each instance of independence common to all of their distributions. When probability pooling is subject to a universal domain condition, along with state-wise aggregation, there are severe limitations on implementing this recommendation. In particular, when the individuals are epistemic peers whose probability assessments are to be accorded equal weight, universal preservation of independence is, with a few exceptions, impossible. Under more reasonable restrictions on pooling, however, there is a natural method of preserving the independence of any fixed finite family of countable partitions, and hence of any fixed finite family of discrete random variables.
Bibliography:SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
ISSN:0165-0106
1572-8420
DOI:10.1007/s10670-010-9256-9