The measurement of subjective probability /
Beliefs come in degrees, and we often represent those degrees with numbers. We might say, for example, that we are ninety per cent confident in the truth of some scientific hypothesis, or only thirty per cent confident in the success of some risky endeavor. But what do these numbers mean? What, in o...
| Main Author: | |
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| Format: | Book |
| Language: | English |
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Cambridge ; New York :
Cambridge University Press,
[2024].
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| Series: | Cambridge elements. Elements in decision theory and philosophy.
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| Subjects: |
| Summary: | Beliefs come in degrees, and we often represent those degrees with numbers. We might say, for example, that we are ninety per cent confident in the truth of some scientific hypothesis, or only thirty per cent confident in the success of some risky endeavor. But what do these numbers mean? What, in other words, is the underlying psychological reality to which the numbers correspond? And what constitutes a meaningful difference between numerically distinct representations of belief? This Element discusses the main approaches to the measurement of belief. These fall into two broad categories, epistemic and decision-theoretic, with divergent foundations in the theory of measurement. Epistemic approaches explain the measurement of belief by appeal to relations between belief states themselves, whereas decision-theoretic approaches appeal to relations between beliefs and desires in the production of choice and preferences. |
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| Physical Description: | 81 pages : illustrations ; 24 cm. |
| Bibliography: | Includes bibliographical references (pages [77]-81). |
| ISBN: | 9781009486965 1009486969 9781009401326 1009401327 |