Subjective Probability Theory for Decision Making-Reference-Cited by-同舟云学术

Subjective Probability Theory for Decision Making

Published:2023-05-18 Issue: Volume: Page:
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Author:

Lahiri Somdeb

Abstract

In this paper we present de Finetti-Ramsey subjective probability theory and indicate an interpretation that is suitable for contemporary decision-making theory. In a final section we take up the case of some “Paradoxes in Expected Utility Theory” and try to reconcile them with the help of subjective probabilities.

Publisher

Qeios Ltd

Link

https://www.qeios.com/read/RKKM8H/pdf

Reference8 articles.

1. Ramsey, F. 1931: Truth and Probability. (In) The Foundations of Mathematics and Other Logical Essays, R.B. Braithwaite (ed.). London: Kegan Paul, Trench, Trubner, & Co.

2. Ramsey, F. 1980: Truth and Probability. (Reprinted in Studies in Subjective Probability, H. E. Kyburg, Jr. and H. E. Smokler (eds.), 2nd edition, New York: R. E. Krieger Publishing Company, pages 23–52).

3. de Finetti, B. 1937: La prévision: ses lois logiques, ses sources subjectives, Ann. Inst. Henri Poincaré 7, 1-68. Translation reprinted in H.E. Kyburg and H.E. Smokler (eds.) (1980), Studies in Subjective Probability, 2nd edn (pp. 53-118). New York: Robert Krieger.

4. de Finetti, B. 1974: Theory of Probability, Vol. 1. New York: John Wiley and Sons.

5. de Finetti, B. 2017: Theory of Probability: A Critical Introductory Treatment. (Translated by Antonio Machi and Adrian Smith).Chichester, UK. John Wiley and Sons Ltd.

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