Probabilistic coherence and proper scoring rules

Joel B. Predd, Robert Seiringer, Elliott H. Lieb, Daniel N. Osherson, H. Vincent Poor, Sanjeev R. Kulkarni

Research output: Contribution to journalArticlepeer-review

93 Scopus citations

Abstract

This paper provides self-contained proof of a theorem relating probabilistic coherence of forecasts to their non-domination by rival forecasts with respect to any proper scoring rule. The theorem recapitulates insights achieved by other investigators, and clarifies the connection of coherence and proper scoring rules to Bregman divergence.

Original languageEnglish (US)
Pages (from-to)4786-4792
Number of pages7
JournalIEEE Transactions on Information Theory
Volume55
Issue number10
DOIs
StatePublished - 2009

All Science Journal Classification (ASJC) codes

  • Information Systems
  • Computer Science Applications
  • Library and Information Sciences

Keywords

  • Coherence
  • Probability
  • Scoring rule

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