de Finetti’s theory of probability and its Jaynesian critique
K. Velupillai ()
Economia Politica: Journal of Analytical and Institutional Economics, 2015, vol. 32, issue 1, 85-95
Abstract:
For aesthetic, strategic and pragmatic reasons, Jaynes (Probability: The Logic of Science, Cambridge University Press, Cambridge, 2003 , Appendix A) objects to Bruno de Finetti’s founding of probability theory on the basis of the notion of coherence. In this paper an attempt is made to diffuse this critique, as well as to point out, briefly, that these, and the remarks on a variety of foundational issues in mathematics and metamathematics (op.cit, Appendix B) are misguided. Copyright Springer International Publishing Switzerland 2015
Keywords: Aesthetics; Coherence; Betting; Robot; Turing machine; C02; C11; C18; C44 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:epolit:v:32:y:2015:i:1:p:85-95
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DOI: 10.1007/s40888-015-0005-z
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