Examlex
Bayes' Rule is a formula for revising an initial subjective (prior) probability value on the basis of results obtained by an empirical investigation and for, thus, obtaining a new (posterior) probability value.
Concessions
Compromises made by one or more parties in a negotiation, often in the form of giving up something in return for reaching an agreement.
Reciprocating Concessions
A negotiation technique where each party makes concessions to the other, with the expectation of receiving similar concessions in return.
Negotiations
A process in which two or more parties discuss problems or disputes to reach a mutually acceptable agreement.
Concessions
Compromises or allowances made by one party in negotiations, often involving the relinquishment of certain demands or positions.
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