Accession Number:

ADA019351

Title:

Admissible Scoring Systems for Continuous Distributions,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1974-08-01

Pagination or Media Count:

26.0

Abstract:

The use of admissible scoring systems as a measure of probabilistic forecasts is becoming increasingly well-known in those cases where the forecast is a discrete distribution over a finite number of alternatives. The defining property of an admissible scoring system is that any individual perceives himself as maximizing his expected score by reporting his true subjective distribution.

Subject Categories:

  • Statistics and Probability

Distribution Statement:

APPROVED FOR PUBLIC RELEASE