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On the logical structure of de Finetti's notion of event

Flaminio, Tommaso, Godo, Lluis and Hosni, Hykel (2014) On the logical structure of de Finetti's notion of event. Journal of Applied Logic, 12 (3). pp. 279-301. ISSN 1570-8683

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Abstract

This paper sheds new light on the subtle relation between probability and logic by (i) providing a logical development of Bruno de Finetti's conception of events and (ii) suggesting that the subjective nature of de Finetti's interpretation of probability emerges in a clearer form against such a logical background. By making explicit the epistemic structure which underlies what we call Choice-based probability we show that whilst all rational degrees of belief must be probabilities, the converse doesn't hold: some probability values don't represent decision-relevant quantifications of uncertainty.

Item Type: Article
Official URL: http://www.sciencedirect.com/science/journal/15708...
Additional Information: © 2014 Elsevier B.V.
Library of Congress subject classification: B Philosophy. Psychology. Religion > BC Logic
Journal of Economic Literature Classification System: C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
Sets: Research centres and groups > Centre for Philosophy of Natural and Social Science (CPNSS)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Projects: Managing severe uncertainty, Rethinking uncertainty, RBFR10DGUA_002, CONSOLIDER CSD2007-0022, INGENIO 2010, TIN2012-39348-C02-01, PIRSES-GA-2009-247584, IEF-GA-2012-327630
Date Deposited: 07 May 2014 08:35
URL: http://eprints.lse.ac.uk/47268/

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