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the imprecise theory of probability long before Koopman's work in 1940 or the work of I. J. Good, C. Smith ,or H.E. Kyburg …
Persistent link: https://www.econbiz.de/10012842021
illustrating his theory of measurement in chapter III of the A Treatise on Probability, is meant to demonstrate interval valued …
Persistent link: https://www.econbiz.de/10012891107
, who are considered to be the top Heterodox experts on Keynes's A Treatise on Probability, logical theory of probability …, and of the connections between the A Treatise on Probability and Keynes's General Theory. The exchanges between Sheila Dow …
Persistent link: https://www.econbiz.de/10012824402
-Townshend correspondence in 1937 – 1938 over the connections between the A Treatise on Probability and the General Theory, as …'s critique in his lifetime and continued to use his own logical theory of imprecise probability .Ramsey's subjective theory of … probability is a theory of precise probability that can't deal with overlapping evidence or conflicting evidence.Of course, Keynes …
Persistent link: https://www.econbiz.de/10012825560
decision theory, reveal an astounding lack of knowledge and understanding regarding the makeup of Keynes's logical theory of … skipped or skimmed over, as was done by F P Ramsey in his reviews of 1922 and 1926.Keynes's logical theory of probability is … based on the upper–lower probability approach of George Boole. Boole is the explicit founder of the logical theory of …
Persistent link: https://www.econbiz.de/10012866735
It was George Boole who published the first systematic exposition of a logical theory of probability in 1854 in The …
Persistent link: https://www.econbiz.de/10012869813
interpretations of probability. Shackle's arguments failed completely when confronted with Keynes's theory of logical probability.J M … Keynes's theory of probability is a logical, objective, epistemological approach that is based on partial ordering and not … valued probability, can demonstrate that Shackle's theory is a very special theory that applies only to situations of …
Persistent link: https://www.econbiz.de/10012933480