Economics of Disagreement—Financial Intuition for the Rényi Divergence

@article{Soklakov2018EconomicsOD,
  title={Economics of Disagreement—Financial Intuition for the R{\'e}nyi Divergence},
  author={Andrei N. Soklakov},
  journal={Entropy},
  year={2018},
  volume={22}
}
Disagreement is an essential element of science and life in general. The language of probabilities and statistics is often used to describe disagreements quantitatively. In practice, however, we want much more than that. We want disagreements to be resolved. This leaves us with a substantial knowledge gap, which is often perceived as a lack of practical intuition regarding probabilistic and statistical concepts. Here, we propose to address disagreements using the methods of financial economics… 

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