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- Management Science , 2005
"... informs ® doi 10.1287/mnsc.1050.0379 ..."(Show Context)
...assessing low-probability events. A final disadvantage to the logarithmic score is that, in contrast to the quadratic rule, there is no metric with respect to which the logarithmic rule is effective (=-=Nau 1985-=-). That is, a rater’s expected score from announcing a particular distribution need not increase as its distance (as measured by any valid metric) from the true distribution decreases. As discussed ab...
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