Interpretation of Probability

Many widely divergent accounts of luck have been offered or employed in discussing an equally wide range of philosophical topics. We should, then, expect to find some unified philosophical conception of luck of which moral luck, epistemic luck, and luck egalitarianism are species. One of the attempts to provide such an account is that offered by Duncan Pritchard, which he refers to as the modal account. This view commits us to calling an event lucky when it obtains in this world, (...) but fails to obtain in a wide class of nearby possible worlds. In support of this account, Pritchard argues that a theory of luck ought to capture the fact that luck comes in degrees and that luck is closely associated with risk. I argue against this claim by suggesting that an understanding of luck grounded in considerations of probability is better able to satisfy these demands, and that the probability theory better explains exemplary cases of luck like those brought up by Pritchard. (shrink)

According to the fitting-attitude analysis of value , to be valuable is to be a fitting object of a pro-attitude. In earlier publications, setting off from this format of analysis, I proposed a modelling of value relations which makes room for incommensurability in value. In this paper, I first recapitulate the value modelling and then move on to suggest adopting a structurally similar analysis of probability. Indeed, many probability theorists from Poisson onwards did adopt an analysis of this kind. This (...) move allows to formally model probability and probability relations in essentially the same way as value and value relations. One of the advantages of the model is that we get a new account of Keynesian incommensurable probabilities, which goes beyond Keynes in distinguishing between different types of incommensurability. It also becomes possible to draw a clear distinction between incommensurability and vagueness in probability comparisons. (shrink)

It is natural to think of precise probabilities as being special cases of imprecise probabilities, the special case being when one’s lower and upper probabilities are equal. I argue, however, that it is better to think of the two models as representing two different aspects of our credences, which are often vague to some degree. I show that by combining the two models into one model, and understanding that model as a model of vague credence, a natural interpretation arises that (...) suggests a hypothesis concerning how we can improve the accuracy of aggregate credences. I present empirical results in support of this hypothesis. I also discuss how this modeling interpretation of imprecise probabilities bears upon a philosophical objection that has been raised against them, the so-called inductive learning problem. (shrink)

In this article, I present some new group level interpretations of probability, and champion one in particular: a consensus-based variant where group degrees of belief are construed as agreed upon betting quotients rather than shared personal degrees of belief. One notable feature of the account is that it allows us to treat consensus between experts on some matter as being on the union of their relevant background information. In the course of the discussion, I also introduce a novel distinction between (...) intersubjective and interobjective interpretations of probability. (shrink)

Johannes von Kries’s Spielraum-theory is regarded as one of the most important philosophical contributions of the nineteenth century to an objective interpretation of probability. This paper aims at a critical and contextual analysis of von Kries’s approach: It is contextual insofar as it reconstructs the Spielraum-theory in the historical setting that formed his scientific and philosophical outlook. It is critical insofar as it unfolds systematic tensions and inconsistencies which are rooted in this context, especially in the grave change of mechanism (...) which took place in the late nineteenth century. In this regard, the paper focuses on von Kries’s understanding of natural laws and nomological knowledge in relation to his concept of objective probability. While the formal approach of the Spielraum-theory—as far as developed by von Kries—seems sound, his epistemological claims with respect to nomological knowledge sustain classical mechanism and are hence difficult to substantiate from the point of view of modern science. (shrink)

GRW Theory postulates a stochastic mechanism assuring that every so often the wave function of a quantum system is `hit', which leaves it in a localised state. How are we to interpret the probabilities built into this mechanism? GRW theory is a firmly realist proposal and it is therefore clear that these probabilities are objective probabilities (i.e. chances). A discussion of the major theories of chance leads us to the conclusion that GRW probabilities can be understood only as either single (...) case propensities or Humean objective chances. Although single case propensities have some intuitive appeal in the context of GRW theory, on balance it seems that Humean objective chances are preferable on conceptual grounds because single case propensities suffer from various well know problems such as unlimited frequency tolerance and lack of a rationalisation of the principal principle. (shrink)

A persistent question about the deBroglie–Bohm interpretation of quantum mechanics concerns the understanding of Born’s rule in the theory. Where do the quantum mechanical probabilities come from? How are they to be interpreted? These are the problems of emergence and interpretation. In more than 50 years no consensus regarding the answers has been achieved. Indeed, mirroring the foundational disputes in statistical mechanics, the answers to each question are surprisingly diverse. This paper is an opinionated survey of this literature. While acknowledging (...) the pros and cons of various positions, it defends particular answers to how the probabilities emerge from Bohmian mechanics and how they ought to be interpreted. (shrink)

The Twentieth Century has seen a dramatic rise in the use of probability and statistics in almost all fields of research. This has stimulated many new philosophical ideas on probability. _Philosophical Theories of Probability_ is the first book to present a clear, comprehensive and systematic account of these various theories and to explain how they relate to one another. Gillies also offers a distinctive version of the propensity theory of probability, and the intersubjective interpretation, which develops the subjective theory.

Bruno de Finetti is one of the founding fathers of the subjectivist school of probability, where probabilities are interpreted as rational degrees of belief. His work on the relation between the theorems of probability and rationality is among the corner stones of modern subjective probability theory. De Finetti maintained that rationality requires that degrees of belief be coherent, and he argued that the whole of probability theory could be derived from these coherence conditions. De Finetti’s interpretation of probability has been (...) highly influential in science. This paper focuses on the application of this interpretation to quantum mechanics. We argue that de Finetti held that the coherence conditions of degrees of belief in events depend on their verifiability. Accordingly, the standard coherence conditions of degrees of belief that are familiar from the literature on subjective probability only apply to degrees of belief in events which could be jointly verified; and the coherence conditions of degrees of belief in events that cannot be jointly verified are weaker. While the most obvious explanation of de Finetti’s verificationism is the influence of positivism, we argue that it could be motivated by the radical subjectivist and instrumental nature of probability in his interpretation; for as it turns out, in this interpretation it is difficult to make sense of the idea of coherent degrees of belief in, and accordingly probabilities of unverifiable events. We then consider the application of this interpretation to quantum mechanics, concentrating on the Einstein-Podolsky-Rosen experiment and Bell’s theorem. (shrink)

When a doctor tells you there’s a one percent chance that an operation will result in your death, or a scientist claims that his theory is probably true, what exactly does that mean? Understanding probability is clearly very important, if we are to make good theoretical and practical choices. In this engaging and highly accessible introduction to the philosophy of probability, Darrell Rowbottom takes the reader on a journey through all the major interpretations of probability, with reference to real–world situations. (...) In lucid prose, he explores the many fallacies of probabilistic reasoning, such as the ‘gambler’s fallacy’ and the ‘inverse fallacy’, and shows how we can avoid falling into these traps by using the interpretations presented. He also illustrates the relevance of the interpretation of probability across disciplinary boundaries, by examining which interpretations of probability are appropriate in diverse areas such as quantum mechanics, game theory, and genetics. Using entertaining dialogues to draw out the key issues at stake, this unique book will appeal to students and scholars across philosophy, the social sciences, and the natural sciences. (shrink)

The main purpose of this article is to use Ayn Rand’s analysis of the meaning of objectivity to clarify the much-discussed question of whether probability is “objective” or “subjective.” This results in a classification of probability theories as frequentist, subjective Bayesian, or objective Bayesian. The work of objective Bayesian E. T. Jaynes is emphasized, and is used to provide a formal definition of probability. The relation between probability and induction is covered briefly, with probability theory presented as the basis of (...) inductive inference. (shrink)

Carnap and Reichenbach made extraordinary contributions to our understanding of the foundations of probability.1 Each of them provided a precise logical and mathematical analysis of probability that satisfied the formal calculus of probability. Reichenbach’s theory of probability analysed probability as the limit of relative frequency, while Carnap’s theory of probability explicated probability as a degree of logical connection. Carnap articulated his account of the foundations of probability by insisting that there were two concepts of probability, his own, probability one, and (...) the other, including Reichenbach’s, probability two. Probability one is a logical conception, and the truth of the probability statements is a consequence of the definition of a measure function. Probability two is a factual conception, and the truth of the probability statements is a consequence of the existence of limits of relative frequencies. Explained in this way, the two accounts are not competitive. In fact, there is no inconsistency between the two accounts. They offer us two different interpretations of the calculus of probability. (shrink)

Probability is not an unambiguous concept within the sciences or in vernacular language, yet it is fundamental to much of behavior analysis. The present paper examines some problems this ambiguity creates in general,as well as within the experimental analysis of behavior, in particular. As background material, we first introduce the three most common theories of probability in mathematics and science, discussing their advantages and disadvantages, and their relevance to behavior analysis. Next, we discuss the concept of probability as encountered in (...) the writings of B.F. Skinner and in the contemporary behavior analysis more generally, the latter being based on material drawn from the professional literature and from a questionnaire survey. Although the exercise is basically a descriptive one, we do conclude with some suggestions that may promote more effective action on those occasions when behavior analysts speak of "probability.". (shrink)

This reissue of D. A. Gillies highly influential work, first published in 1973, is a philosophical theory of probability which seeks to develop von Mises’ views on the subject. In agreement with von Mises, the author regards probability theory as a mathematical science like mechanics or electrodynamics, and probability as an objective, measurable concept like force, mass or charge. On the other hand, Dr Gillies rejects von Mises’ definition of probability in terms of limiting frequency and claims that probability should (...) be taken as a primitive or undefined term in accordance with modern axiomatic approaches. This of course raises the problem of how the abstract calculus of probability should be connected with the ‘actual world of experiments’. It is suggested that this link should be established, not by a definition of probability, but by an application of Popper’s concept of falsifiability. In addition to formulating his own interesting theory, Dr Gillies gives a detailed criticism of the generally accepted Neyman Pearson theory of testing, as well as of alternative philosophical approaches to probability theory. The reissue will be of interest both to philosophers with no previous knowledge of probability theory and to mathematicians interested in the foundations of probability theory and statistics. (shrink)