A Bayesian framework for risk perception

We present here a Bayesian framework of risk perception. This framework encompasses plausibility judgments, decision making, and question asking. Plausibility judgments are modeled by way of Bayesian probability theory, decision making is modeled by way of a Bayesian decision theory, and relevancy judgments are modeled by way of a Bayesian...

Deriving proper uniform priors for regression coefficients, Parts I, II, and III

It is a relatively well-known fact that in problems of Bayesian model selection, improper priors should, in general, be avoided. In this paper we will derive and discuss a collection of four proper uniform priors which lie on an ascending scale of informativeness. It will turn out that these priors lead us to evidences that are closely...

Inquiry calculus and the issue of negative higher order informations

In this paper, we will give the derivation of an inquiry calculus, or, equivalently, a Bayesian information theory. From simple ordering follow lattices, or, equivalently, algebras. Lattices admit a quantification, or, equivalently, algebras may be extended to calculi. The general rules of quantification are the sum and chain rules. Probability...