Discrete Approximations of Joint Probability Distributions

dc.creatorDeVuyst, Eric
dc.creatorPreckel, Paul V.
dc.date2017-06-01T06:02:47Z
dc.date.accessioned2026-07-09T11:26:02Z
dc.descriptionPractical computational limits for stochastic decision analysis models often require that probability distributions have a modest number of points with positive mass. This paper develops an approach to constructing such discrete joint probability distributions which introduces less bias than more commonly used methods. The method, based on solving systems of nonlinear equations, is demonstrated for both continuous and discrete distributions.
dc.identifierdoi:10.22004/ag.econ.257668
dc.identifierhttps://ageconsearch.umn.edu/record/257668/files/purdue%20sp%2091-1.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/257668
dc.identifier.urihttp://hdl.handle.net/123456789/627662
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/257668
dc.titleDiscrete Approximations of Joint Probability Distributions
dc.typeText

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