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July 10, 2023Revista de la Real Academia de Ciencias Exactas Físicas y Naturales Serie A Matemáticas3 citationsOpen Access

Conditional probability and probability updating

JDJosé Manuel Gutiérrez Díez

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Abstract

Abstract The conditional probability formula is supposed to reflect the correct updating of probability assignments when new information is incorporated. Starting from a non-atomic probability measure, it is proved that the conditional probability formula provides the only transformed probability measure satisfying a “minimum requirement” relational assumption. This result applies to the standard Bayesian parametric model.

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José Manuel Gutiérrez Díez (2023) studied this question.

synapsesocial.com/papers/69ded0bd5e217d93a5558ae1https://doi.org/10.1007/s13398-023-01462-2
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