Robert Schlaifer

Personal probabilities of probabilities (1975)

Marschak, Jacob, Degroot, Morris H., Marschak, Jacob, Borch, Karl, Chernoff, Herman, Groot, Morris, ...

By definition, the subjective probability distribution of a random event is revealed by the (‘rational’) subject's choice between bets — a view expressed by F. Ramsey, B. De Finetti, L. J....

Introduction to Statistical Decision Theory

John W. Pratt, Howard Raiffa, Robert Schlaifer

The Bayesian revolution in statistics--where statistics is integrated with decision making in areas such as management, public policy, engineering, and clinical medicine--is here to stay....