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Theorem of existence of ruptures in probability scale. Preliminary short version

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  • Harin, Alexander

Abstract

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.

Suggested Citation

  • Harin, Alexander, 2010. "Theorem of existence of ruptures in probability scale. Preliminary short version," MPRA Paper 23319, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23319
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    File URL: https://mpra.ub.uni-muenchen.de/23319/1/MPRA_paper_23319.pdf
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    References listed on IDEAS

    as
    1. Daniel Kahneman & Richard H. Thaler, 2006. "Anomalies: Utility Maximization and Experienced Utility," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 221-234, Winter.
    2. Harin, Alexander, 2010. "The ruptures in the probability scale and some problems of modelling," EconStor Conference Papers 57846, ZBW - Leibniz Information Centre for Economics.
    3. Alexander Harin, 2010. "The theorem of existence of ruptures in the probability scale," Economics Bulletin, AccessEcon, vol. 30(2), pages 1-16.
    4. Alexander Harin, 2010. "The ruptures in the probability scale and some problems of modelling," Economics Bulletin, AccessEcon, vol. 30(2), pages 1-18.
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    Cited by:

    1. Harin, Alexander, 2014. "Is data interpretation in utility and prospect theories unquestionably correct?," MPRA Paper 53880, University Library of Munich, Germany.

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    More about this item

    Keywords

    probability; economics; forecasting; planning; modeling; modelling; simulation; utility; decisions; uncertainty;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications

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