An Outcome of the de Finetti Infinite Lottery is Not Finite
Burock, Marc (2006) An Outcome of the de Finetti Infinite Lottery is Not Finite.
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Abstract
A randomly selected number from the infinite set of positive integers—the so-called de Finetti lottery—will not be a finite number. I argue that it is still possible to conceive of an infinite lottery, but that an individual lottery outcome is knowledge about set-membership and not element identification. Unexpectedly, it appears that a uniform distribution over a countably infinite set has much in common with a continuous probability density over an uncountably infinite set.
| Keywords: | Probability, de Finetti Lottery, Indifference |
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| Subjects: | Specific Sciences: Probability/Statistics |
| ID Code: | 2605 |
| Deposited By: | Burock, Marc |
| Deposited On: | 30 January 2006 |