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Categorical versus graded beliefs

Franz Dietrich

PSE-Ecole d'économie de Paris (Postprint) 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 beliefs of both types simultaneously is challenged by the lottery paradox, and more recently by a general impossibility theorem by Dietrich and List. The nature, relevance, and implications of the tension are explained and assessed.

Keywords: logic vs. rational choice theory; yes/no belief vs. graded belief; subjective probability; belief binarization; lottery paradox; impossibility theorem; binary belief; credence (search for similar items in EconPapers)
Date: 2022
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-03615028v1
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Published in Frontiers in Psychology, 2022, 13, pp.817940. ⟨10.3389/fpsyg.2022.817940⟩

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Working Paper: Categorical versus graded beliefs (2022) Downloads
Working Paper: Categorical versus graded beliefs (2022) Downloads
Working Paper: Categorical versus graded beliefs (2022) Downloads
Working Paper: Categorical versus graded beliefs (2022) Downloads
Working Paper: Categorical versus graded beliefs (2022) Downloads
Working Paper: Categorical versus graded beliefs (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-03615028

DOI: 10.3389/fpsyg.2022.817940

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