Categorical versus graded beliefs

Franz Dietrich

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This essay discusses the difficulty to reconcile two paradigms about beliefs: the binary or categorical paradigm of yes/no beliefs and the probabilistic paradigm of degrees of belief. The possibility for someone to hold both types of belief simultaneously is challenged by the lottery paradox, and more recently by a general impossibility theorem. The nature, relevance, and implications of the tension are explained and assessed. A more technical elaboration can be found in Dietrich and List (2018, 2021).

Keywords: general impossibility theorem; lottery paradox; yes/no belief vs subjective probabilities; logic vs rational choice theory (search for similar items in EconPapers)
Date: 2022-02
New Economics Papers: this item is included in nep-hpe
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Published in 2022

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Related works:
Working Paper: Categorical versus graded beliefs (2022)
Working Paper: Categorical versus graded beliefs (2022)
Working Paper: Categorical versus graded beliefs (2022)
Working Paper: Categorical versus graded beliefs (2022)
Working Paper: Categorical versus graded beliefs (2022)
Working Paper: Categorical versus graded beliefs (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:halshs-03500542

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