Abstract
This paper contributes to the investigation of the nature of the relation between probability theory and ranking theory. The paper aims at explaining the structural harmony between the laws of probability theory and those of ranking theory in a way that respects the foundational dualistic attitude developed by Spohn in The Laws of Belief. The paper argues that the so called atomic translation family satisfies the desiderata and does so in the ‘best’ possible way. On the one hand, the atomic translation can be seen as ensuring maximal order agreement between rankings and probability—more would lead to trivialising dualism. On the other hand, the atomic translation also is assumption minimal, i.e., a minimal set of justifiable correspondences or translation principles suffice to derive the translation family, and this result is relatively robust.