Sentences with phrase «assign subjective probabilities»

To properly conceptualize the future as an investor, you need to create different scenarios and assign subjective probabilities to them.

While these uncertainties prevent the establishment of a high - confidence, one - to - one linkage between atmospheric greenhouse gas concentrations and global mean temperature increase, probabilistic analyses can assign a subjective probability of exceeding certain temperature thresholds for given emissions scenarios or concentration targets (e.g., Meinshausen, 2005; Harvey, 2007).