How exactly a consensus was reached regarding subjective probability distributions needs to be documented. (globalwarmingsolved.com)
The three cases — low, medium and high — correspond approximately to subjective probability levels of 95, 50 and 5 per cent, respectively. (rstb.royalsocietypublishing.org)
To properly conceptualize the future as an investor, you need to create different scenarios and assign subjective probabilities to them. (zoneofcompetence.com)