The Sure-Thing Principle

Pearl Judea ()
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Pearl Judea: Computer Science Department, University of California, Los Angeles, Los Angeles, CA, 90095–1596, USA

Journal of Causal Inference, 2016, vol. 4, issue 1, 81-86

Abstract: In 1954, Jim Savage introduced the Sure Thing Principle to demonstrate that preferences among actions could constitute an axiomatic basis for a Bayesian foundation of statistical inference. Here, we trace the history of the principle, discuss some of its nuances, and evaluate its significance in the light of modern understanding of causal reasoning.

Keywords: JCI; Judea Pearl; UCLA (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:causin:v:4:y:2016:i:1:p:81-86:n:5

DOI: 10.1515/jci-2016-0005

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