Following the pioneer work of Bruno De Finetti [12], conditional probability spaces (allowing for conditioning with events of measure zero) have been studied since (at least) the 1950's. Perhaps the most salient axiomatizations are Karl Popper's in [31], and Alfred Renyi's in [33]. Nonstandard probability spaces [34] are a well know alternative to this approach. Vann McGee proposed in [30] a result relating both approaches by showing that the standard values of infinitesimal probability functions are representable as Popper functions, and (...) that every Popper function is representable in terms of the standard real values of some infinitesimal measure.Our main goal in this article is to study the constraints on (qualitative and probabilistic) change imposed by an extended version of McGee's result. We focus on an extension capable of allowing for iterated changes of view. Such extension, we argue, seems to be needed in almost all considered applications. Since most of the available axiomatizations stipulate (definitionally) important constraints on iterated change, we propose a non-question-begging framework, Iterative Probability Systems (IPS) and we show that every Popper function can be regarded as a Bayesian IPS. A generalized version of McGee's result is then proved and several of its consequences considered. In particular we note that our proof requires the imposition of Cumulativity, i.e. the principle that a proposition that is accepted at any stage of an iterative process of acceptance will continue to be accepted at any later stage. The plausibility and range of applicability of Cumulativity is then studied. In particular we appeal to a method for defining belief from conditional probability (first proposed in [42] and then slightly modified in [6] and [3]) in order to characterize the notion of qualitative change induced by Cumulative models of probability kinematics. The resulting cumulative notion is then compared with existing axiomatizations of belief change and probabilistic supposition. We also consider applications in the probabilistic accounts of conditionals [1] and [30]. (shrink)

The logical interpretation of probability, or ``objective Bayesianism''''– the theory that (some) probabilitiesare strictly logical degrees of partial implication – is defended.The main argument against it is that it requires the assignment ofprior probabilities, and that any attempt to determine them by symmetryvia a ``principle of insufficient reason'''' inevitably leads to paradox.Three replies are advanced: that priors are imprecise or of little weight, sothat disagreement about them does not matter, within limits; thatit is possible to distinguish reasonable from unreasonable priorson (...) logical grounds; and that in real cases disagreement about priorscan usually be explained by differences in the background information.It is argued also that proponents of alternative conceptions ofprobability, such as frequentists, Bayesians and Popperians, areunable to avoid committing themselves to the basic principles oflogical probability. (shrink)

Additionally, the text shows how to develop computationally feasible methods to mesh with this framework.

I argue that Bayesians need two distinct notions of probability. We need the usual degree-of-belief notion that is central to the Bayesian account of rational decision. But Bayesians also need a separate notion of probability that represents the degree to which evidence supports hypotheses. Although degree-of-belief is well suited to the theory of rational decision, Bayesians have tried to apply it to the realm of hypothesis confirmation as well. This double duty leads to the problem of old evidence, a problem (...) that, we will see, is much more extensive than usually recognized. I will argue that degree-of-support is distinct from degree-of-belief, that it is not just a kind of counterfactual degree-of-belief, and that it supplements degree-of-belief in a way that resolves the problems of old evidence and provides a richer account of the logic of scientific inference and belief. (shrink)

A theory of objective, single-case chances is presented and defended. The theory states that the chance of an event E is its epistemic probability, given maximal knowledge of the possible causes of E. This theory is uniquely successful in entailing all the known properties of chance, but involves heavy metaphysical commitment. It requires an objective rationality that determines proper degrees of belief in some contexts.

With this treatise, an insightful exploration of the probabilistic connection between philosophy and the history of science, the famous economist breathed new life into studies of both disciplines. Originally published in 1921, this important mathematical work represented a significant contribution to the theory regarding the logical probability of propositions. Keynes effectively dismantled the classical theory of probability, launching what has since been termed the “logical-relationist” theory. In so doing, he explored the logical relationships between classifying a proposition as “highly probable” (...) and as a “justifiable induction.” Unabridged republication of the classic 1921 edition. (shrink)

This paper seeks to defend the following conclusions: The program advanced by Carnap and other necessarians for probability logic has little to recommend it except for one important point. Credal probability judgments ought to be adapted to changes in evidence or states of full belief in a principled manner in conformity with the inquirer’s confirmational commitments—except when the inquirer has good reason to modify his or her confirmational commitment. Probability logic ought to spell out the constraints on rationally coherent confirmational (...) commitments. In the case where credal judgments are numerically determinate confirmational commitments correspond to Carnap’s credibility functions mathematically represented by so—called confirmation functions. Serious investigation of the conditions under which confirmational commitments should be changed ought to be a prime target for critical reflection. The necessarians were mistaken in thinking that confirmational commitments are immune to legitimate modification altogether. But their personalist or subjectivist critics went too far in suggesting that we might dispense with confirmational commitments. There is room for serious reflection on conditions under which changes in confirmational commitments may be brought under critical control. Undertaking such reflection need not become embroiled in the anti inductivism that has characterized the work of Popper, Carnap and Jeffrey and narrowed the focus of students of logical and methodological issues pertaining to inquiry. (shrink)

This paper shows that Popper’s measure of corroboration is inapplicable if, as Popper also argued, the logical probability of synthetic universal statements is zero relative to any evidence that we might possess. It goes on to show that Popper’s definition of degree of testability, in terms of degree of logical content, suffers from a similar problem.

In his Bayesian Nets and Causality, Jon Williamson presents an ‘Objective Bayesian’ interpretation of probability, which he endeavours to distance from the logical interpretation yet associate with the subjective interpretation. In doing so, he suggests that the logical interpretation suffers from severe epistemological problems that do not affect his alternative. In this paper, I present a challenge to his analysis. First, I closely examine the relationship between the logical and ‘Objective Bayesian’ views, and show how, and why, they are highly (...) similar. Second, I argue that the logical interpretation is not manifestly inferior, at least for the reasons that Williamson offers. I suggest that the key difference between the logical and ‘Objective Bayesian’ views is in the domain of the philosophy of logic; and that the genuine disagreement appears to be over Platonism versus nominalism (within weak psychologism). (shrink)

Bangu (2010) claims that Bertrand’s paradox rests on a hitherto unrecognized assumption, which assumption is sufficiently dubious to throw the burden of proof back onto ‘objectors to [the principle of indifference]’ (2010: 31). We show that Bangu’s objection to the assumption is ill-founded and that the assumption is provably true.