expected utility without citing Von Neumann's (and Morgenstern's) theory of risk. Von Neumann, an adherent of Keynes's logical … theory of probability between 1936 and 1942, and Morgenstern used objective limiting frequencies to explicate risk since … theory of probability that shows how subjective probabilities converge to objective probabilities over time as the subjective …

illustrating his theory of measurement in chapter III of the A Treatise on Probability, is meant to demonstrate interval valued …

Probability (1921), as well as its connections to the later General Theory (1936), that is correct. However … Theory, as well as the importance of Keynes's “non-numerical” (interval valued) probabilities and Keynes's concept of the … weight of the evidence as being the main foundation upon which Keynes had erected his Liquidity Preference Theory of the rate …