What Probability Is
William Briggs
Chapter Chapter 4 in Uncertainty, 2016, pp 39-67 from Springer
Abstract:
Abstract Probability is, like logic, an argument. Logic is the study of the relation between propositions, and so is probability. Like logic, probability is not a real or physical thing: it does not exist, it is not ontological. It cannot be measured with any apparatus, like mass or energy can. Like logic, probability is a measure of certainty of some proposition in relation to given or assumed premises—and only on these, and no other, premises, and this includes the tacit premises of language. All probability, without exception, is therefore conditional. Probability is widely misunderstood for two main reasons: the confusion between ontological and epistemological truth, and the conflation of acts or decisions with probability. We know the proposition “Mike is green” is true given “All dragons are green and Mike is a dragon”. This is an epistemological conditional, or local, truth. But we also know the major part of the premise is ontologically false because there are no dragons, green or otherwise. Counterfactuals are always ontologically false; i.e. they begin with premises known observationally to be false. Yet counterfactuals can have meaningful (epistemological) probabilities. Counterfactuals are surely meaningful epistemologically but never ontologically. Not all probabilities are quantifiable; most are not.
Keywords: Contingent Proposition; Reasonable Doubt; Riemann Hypothesis; Logical Constant; Unconditional Probability (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-39756-6_4
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DOI: 10.1007/978-3-319-39756-6_4
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