Unknown probabilities |
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Authors: | Richard Jeffrey |
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Affiliation: | (1) Department of Philosophy, Princeton University, 08544-1006 Princeton, NJ, USA |
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Abstract: | From a point of view like de Finetti's, what is the judgmental reality underlying the objectivistic claim that a physical magnitude X determines the objective probability that a hypothesis H is true? When you have definite conditional judgmental probabilities for H given the various unknown values of X, a plausible answer is sufficiency, i.e., invariance of those conditional probabilities as your probability distribution over the values of X varies. A different answer, in terms of conditional exchangeability, is offered for use when such definite conditional probabilities are absent. |
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