Synthese 172 (1):79 - 95 (2010)
We suggest to define objective probabilities by similarity-weighted empirical frequencies, where more similar cases get a higher weight in the computation of frequencies. This formula is justified intuitively and axiomatically, but raises the question, which similarity function should be used? We propose to estimate the similarity function from the data, and thus obtain objective probabilities. We compare this definition to others, and attempt to delineate the scope of situations in which objective probabilities can be used.
|Keywords||Objective probability Similarity Case-based reasoning Frequentist approach|
|Categories||categorize this paper)|
References found in this work BETA
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La Prévision: Ses Lois Logiques, Ses Sources Subjectives.Bruno de Finetti - 1937 - Annales de l'Institut Henri Poincaré 17:1-68.
Rationality of Belief Or: Why Savage’s Axioms Are Neither Necessary nor Sufficient for Rationality.Itzhak Gilboa, Andrew Postlewaite & David Schmeidler - 2012 - Synthese 187 (1).
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