ISIPTA'07 - FIFTH INTERNATIONAL SYMPOSIUM ON
IMPRECISE PROBABILITY: THEORIES AND APPLICATIONS

Charles University, Faculty of Mathematicsand Physics
Prague, Czech Republic
16-19 July 2007

ELECTRONIC PROCEEDINGS

Angelo Gilio, Veronica Biazzo

Some results on imprecise conditional prevision assessments

Abstract

\begin{abstract} \noindent In this paper we consider conditional prevision assessments on random quantities with finite set of possible values. After some preliminaries, we give the notions of generalized coherence and total coherence for imprecise conditional prevision assessments on finite families of conditional random quantities. Then, we examine some results on total coherence of such conditional previsions under different assumptions for the conditioning events. We first consider the case of logically incompatible conditioning events; then, we examine the case of logical independence. Finally, we examine the general case in which there may be some logical dependencies among the conditioning events. We show that in such case the property of total coherence is generally lost, while it is always valid a connection property. By exploiting such property, we obtain suitable totally coherent sets of conditional prevision assessments. We also give a necessary and sufficient condition of total coherence for interval-valued conditional prevision assessments. \end{abstract}

Keywords. conditional random quantities, imprecise conditional prevision assessments, generalized coherence, total coherence, connection property

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Authors addresses:

Angelo Gilio
Dipartimento di Metodi e Modelli Matematici
Via A. Scarpa 16, 00161 Roma (Italy)

Veronica Biazzo
Dipartimento di Matematica e Informatica
Universita degli Studi di Catania
Citta Universitaria
Viale A. Doria 6
95152 Catania
Italy

E-mail addresses:

Angelo Gilio gilio@dmmm.uniroma1.it
Veronica Biazzo vbiazzo@dmi.unict.it


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