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Lookup NU author(s): Dr Pier Giovanni Bissiri
This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).
© 2018 by the authors. The current definition of a conditional probability enables one to update probabilities only on the basis of stochastic information. This paper provides a definition for conditional probability with non-stochastic information. The definition is derived by a set of axioms, where the information is connected to the outcome of interest via a loss function. An illustration is presented.
Author(s): Bissiri PG, Walker SG
Publication type: Article
Publication status: Published
Journal: Entropy
Year: 2018
Volume: 20
Issue: 8
Online publication date: 03/08/2018
Acceptance date: 31/07/2018
Date deposited: 05/10/2018
ISSN (electronic): 1099-4300
Publisher: MDPI AG
URL: https://doi.org/10.3390/e20080572
DOI: 10.3390/e20080572
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