Possibility theory and conditional probability offer complementary perspectives for modelling uncertainty, with each framework contributing distinct advantages. Possibility theory, rooted in fuzzy set ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

We estimate joint and conditional probability densities via a new hybrid approach that incorporates ideas from copula modeling and makes use of known analytic results involving the conditional ...