Sentence examples for on credence from inspiring English sources

This assurance is a kind of belief but one based on credence or trust rather than a logical certitude.

Probabilism is often said to be a coherence constraint on credence functions, which would mean that it governs how an agent's credences in some propositions should relate to her credences in other, related propositions.

2 This paper investigates the relevance of belief-dependent guilt aversion for efficiency on credence goods markets without eliciting information about beliefs of players.

Dulleck et al. (2011) have investigated the role of institutions and market conditions on expertsʼ behavior and have shown that liability is important for efficiency on credence goods markets, while ex post verifiability of the expertʼs actions is not.

The impact of soft factors, such as giving the expert an option to make a promise to consumers, has been ignored so far as potentially important for improving efficiency on credence goods markets.

Though being cheap talk under the assumption of common knowledge that both parties are rational and exclusively interested in their own material payoffs, an opportunity to make a promise might increase efficiency on credence goods markets if experts are guilt averse and believe that appropriate promises affect the payoff expectations of consumers.

This may be through some direct connection between chance and frequency, or indirectly through the influence of observed outcome frequencies on credences about chances via the Principal Principle (Lewis, 1980: 104 6).

Most of the literature on the certification of credence goods deals with a "typical consumer" who trusts the certification standards but finds any claims by the producer to be cheap talk.

Combing through what the witnesses said they had seen and heard, defense and prosecution lawyers gave closing arguments and a jury began deliberations in a brick-attack trial that may turn on the credence given to passers-by on a Manhattan street corner.

"You have referred, in material presented to the court, to threats to yourself and your family, saying that there are significant limits to what you can say in public," he said, going on to give credence to "those threats and the strength of the underworld influences who control unlawful betting abroad".

Moreover, the existence of this constraint on rational credence should have an explanation.