Appendix: Probability, Concepts, and Results

  • Atle Seierstad

Certain concepts and results from probability theory are presented. The reader is advised to look up in the Appendix definitions, results, or explanations related to themes appearing in the chapter he is currently reading and not read the Appendix in its entirety.

5.1 Elementary Probability

A discrete sample space is a “countable” set Ω with typical element ω. The set Ω is countable if it is possible to label the various elements in Ω such that \(\Omega = \{\omega_1,\omega_2, \ldots, \omega_i, \ldots \}\)


Conditional Probability Mass Function Conditional Density Borel Function Piecewise Constant Function 
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Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of OsloNorway

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