Is Probability the Only Coherent Approach to Uncertainty?

Mark Colyvan

Risk Analysis, 2008, vol. 28, issue 3, 645-652

Abstract: In this article, I discuss an argument that purports to prove that probability theory is the only sensible means of dealing with uncertainty. I show that this argument can succeed only if some rather controversial assumptions about the nature of uncertainty are accepted. I discuss these assumptions and provide reasons for rejecting them. I also present examples of what I take to be non‐probabilistic uncertainty.

Date: 2008
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Citations: View citations in EconPapers (5)

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https://doi.org/10.1111/j.1539-6924.2008.01058.x

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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:28:y:2008:i:3:p:645-652

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