Berkovitz, Joseph (2019) On de Finetti's instrumental philosophy of probability. [Preprint]
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Abstract
De Finetti is one of the founding fathers of the subjective school of probability. He held that probabilities are subjective, coherent degrees of expectation, and he argued that none of the objective interpretations of probability make sense. While his theory has been influential in science and philosophy, it has encountered various objections. I argue that these objections overlook central aspects of de Finetti’s philosophy of probability and are largely unfounded. I propose a new interpretation of de Finetti’s theory that highlights these aspects and explains how they are an integral part of de Finetti’s instrumentalist philosophy of probability. I conclude by drawing an analogy between misconceptions about de Finetti’s philosophy of probability and common misconceptions about instrumentalism.
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Item Type: | Preprint | ||||||
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Keywords: | De Finetti, subjective probability, instrumentalism, pragmatism, degrees of expectation, degrees of belief, coherence, consistency, verifiability, operational definition, epistemic justification, pragmatic justification, accuracy of degrees of belief, imprecise probabilities | ||||||
Subjects: | General Issues > Decision Theory General Issues > Operationalism/Instrumentalism Specific Sciences > Probability/Statistics |
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Depositing User: | Dr Joseph Berkovitz | ||||||
Date Deposited: | 18 Feb 2019 14:33 | ||||||
Last Modified: | 18 Feb 2019 14:33 | ||||||
Item ID: | 15746 | ||||||
Subjects: | General Issues > Decision Theory General Issues > Operationalism/Instrumentalism Specific Sciences > Probability/Statistics |
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Date: | 15 February 2019 | ||||||
URI: | https://philsci-archive.pitt.edu/id/eprint/15746 |
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