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ON THE MEANING AND MEASURE OF UNCERTAINTY *
Author(s) -
Shackle G. L. S.
Publication year - 1953
Publication title -
metroeconomica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.256
H-Index - 29
eISSN - 1467-999X
pISSN - 0026-1386
DOI - 10.1111/j.1467-999x.1953.tb00729.x
Subject(s) - equivalence (formal languages) , meaning (existential) , focus (optics) , econometrics , mathematics , mathematical economics , class (philosophy) , epistemology , positive economics , economics , philosophy , discrete mathematics , physics , optics
S ummary § 1. The additive procedure of numerical probability not applicable to assessment of the merit of a non‐divisible non‐seriable experiment. ‐ § 2. The difficulties of supposing that courses of action are compared by considering amultiplicity of hypotheses about the outcome of each. ‐ § 3. The essential equivalence of multiple hypotheses to two hypotheses in one class of cases. ‐ § 4. The effective equivalence of multiple hypotheses to two hypotheses in other classes of cases. ‐ § 5. The twisted σ‐curve Primary focus values. ‐ § 6. The σ‐surface. Standardised focus values. ‐ § 7. The gambler indifference map.