Many results of modern physics--those of quantum mechanics, for instance--come in a probabilistic guise. But what do probabilistic statements in physics mean? Are probabilities matters of objective fa
The book gives a comprehensive treatment of the classical and modern ruin probability theory. Some of the topics are Lundberg’s inequality, the Cramer–Lundberg approximation, exact solutions, other ap
This monograph provides a comparative study between failure probabilities and collapse frequencies in structural bridge engineering. The author presents techniques to resolve and extend the limitation
Ruin Probabilities: Smoothness, Bounds, Supermartingale Approach deals with continuous-time risk models and covers several aspects of risk theory. The first of them is the smoothness of the survival p
The structure of the set of all the invariant probabilities and the structure of various types of individual invariant probabilities of a transition function are two topics of significant interest in
In recent years, the theory has become widely accepted and has been further developed, but a detailed introduction is needed in order to make the material available and accessible to a wide audience.
?Methods for making inferences from data about one or more probabilities and proportions are a fundamental part of a statistician’s toolbox and statistics courses. Unfortunately many of the quick, app
This volume, the third in this Springer series, contains selected papers from the four workshops organized by the ESF Research Networking Programme "The Philosophy of Science in a European Perspective
This volume defends a novel approach to the philosophy of physics: it is the first book devoted to a comparative study of probability, causality, and propensity, and their various interrelations, with
A systematic account of the theory of probability for certain sample spaces with algebraic structure, this text covers semi-groups, groups, linear vector spaces, and algebra. It states and studies fun
Elicitation is the process of extracting expert knowledge about some unknown quantity or quantities, and formulating that information as a probability distribution. Elicitation is important in situati
This book employs a careful, rigorous, yet lively approach to the timely question of whether we can justly generalize about members of a group on the basis of statistical tendencies of that group. For
This even-handed treatment addresses the decades-old dispute among probability theorists, asserting that both statistical and inductive probabilities may be treated as sentence-theoretic measurements,
This classic introduces the concepts and uses of probability theory. It demonstrates, without the use of higher mathematics, the application of probability to games of chance, physics, reliability of
