Coherence in the aggregate: a betting method for belief functions on many-valued events

Betting methods, of which de Finetti's Dutch Book is by far the most well-known, are uncertainty modelling devices which accomplish a twofold aim. Whilst providing an (operational) interpretation of the relevant measure of uncertainty, they also provide a formal definition of coherence. The main purpose of this paper is to put forward a betting method for belief functions on MV-algebras of many-valued events which allows us to isolate the corresponding coherence criterion, which we term coherence in the aggregate. Our framework generalises the classical Dutch Book method

Partially Undetermined Many-Valued Events and Their Conditional Probability

1noA logic for classical conditional events was investigated by Dubois and Prade. In their approach, the truth value of a conditional event may be undetermined. In this paper we extend the treatment to many-valued events. Then we support the thesis that probability over partially undetermined events is a conditional probability, and we interpret it in terms of bets in the style of de Finetti. Finally, we show that the whole investigation can be carried out in a logical and algebraic setting, and we find a logical characterization of coherence for assessments of partially undetermined events.nonenoneFranco MontagnaMontagna, Franc