Application of Randomized Probabilities Method to the Expert Estimation of Consequences of Russia’s Joining the WTO

Authors

  • Мария Сергеевна Юдаева St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg, 199034, Russian Federation

Abstract

We propose to model Russia’s joining the WTO as a set of scenarios, organized in an oriented tree structure, and to estimate conditional probabilities and scenario probabilities based on the expert non-numeric, inexact and incomplete information. A detailed description of scenario probabilities estimation for electricity industry is presented.

Keywords:

WTO, expert system, imprecise probabilities, event tree

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Author Biography

Мария Сергеевна Юдаева, St. Petersburg State University, 7–9, Universitetskaya nab., St. Petersburg, 199034, Russian Federation

ассистент

References

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Translation of references in Russian into English

Published

2011-12-30

How to Cite

Юдаева, М. С. (2011). Application of Randomized Probabilities Method to the Expert Estimation of Consequences of Russia’s Joining the WTO. St Petersburg University Journal of Economic Studies, (4), 149–160. Retrieved from https://economicsjournal.spbu.ru/article/view/2936

Issue

Section

Mathematical models in economics

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