#likelihood

In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.' ↗

— Thomas J. Sargent

#blow #difficult #function #likelihood #made

The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it. ↗

— Thomas J. Sargent

#equilibrium #expectations #first #function #likelihood

Who's paying the million bucks? The insurance company. We've been trying for years to get the insurance industry to say to the gun industry, We won't insure you unless you have policies that will reduce the likelihood of guns falling into the wrong hands easily. ↗

— Michael D. Barnes

#bucks #company #easily #falling #get

We know that if we can prevent kids from trying drugs in their teenage years, we dramatically reduce the likelihood that they will go on to have problems later in life. ↗

— John Walters

#go #kids #know #later #life

But every day I tell my story, and be comfortable with my story and be comfortable with what I've done, and what I did, and how I am today, it lessens the likelihood it will ever happen. ↗

— Lawrence Taylor

#comfortable #day #did #done #ever

And we think that our citizens and yours would be very angry if they thought that we hadn't taken every possible step for prevention and then for joint action in the likelihood of those who threaten our lives and our well- being, taking action at the same time. ↗

— David Blunkett

#angry #being #citizens #every #hadn

Governments are moved by numbers, and the greater the number of people who admit that they believe, the greater the likelihood that the secret - if there is one being kept - will be revealed. ↗

— Dwight Schultz

#being #believe #governments #greater #kept

Every time one person gets a piece of information, the likelihood of that information being exposed grows exponentially. It's no longer two people. It's two people squared. ↗

— Jon Cryer

#every #every time #exponentially #exposed #gets

All of the information that we were getting up to that time from the NRC people, from our people who knew something about nuclear power, was that the breach of the core was not a likelihood to happen. ↗

— William Scranton

#breach #core #getting #happen #information

Cagey trial lawyers have figured out there's a pretty good likelihood their case - no matter what its merit - will literally get its day in court because of favorable judges. ↗

— Dennis Hastert

#because #case #court #day #favorable