Discussion of The Bayesian and Belief-Function Formalisms: A General Perspective for Auditing.

The article presents information on a discussion of the bayesian and belief-function formalisms: a general perspective for auditing. The authors should have discussed the incremental contribution of the results and presented these results in economic terms. In summary, then, the paper lacks what other papers lack at such an early stage. However, its importance can be characterized by a quote from Jonathan Cohen 1981, p. 317 in his famous debate with Kahneman and Tversky:. Belief functions, prospect theory Tversky and Kahneman, 1981, interval probabilities Larsson and Chesley, 1986, rank order probabilities Kmietowicz and Pearman, 1981 and Baconian probabilities Cohen, 1979, to mention a few formal alternatives, all involve axioms.