Probability Theory — A Mathematical Basis for Making Decisions Under Risk and Uncertainty

Charles Moss

Chapter 2 in Risk, Uncertainty and the Agricultural Firm, 2010, pp 10-56 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Set Theory and ProbabilityRandom VariablesConditional Probability and IndependenceSome Useful Distribution FunctionsExpected Value, Moments, and the Moment Generating FunctionEstimating Probability FunctionsEliciting Subjective Probability FunctionsObjective Estimation of Probability FunctionsProduction Functions and TrendsMartingales and Random WalksSummary

Keywords: Agricultural Economics; Decision Making under Uncertainty; Agricultural and Resource Policy; Proprietary Firms; Applied Finance (search for similar items in EconPapers)
Date: 2010
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