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The Restricted Role of Caprice (Whim) in J M Keynes’s Interval Valued Theory of Probability in the A Treatise on Probability, General Theory, and in the Keynes-Townshend Correspond...
Brady, Michael Emmett - 2020
Keynes recognized that there were a few cases where his rational analysis of decision making under conditions of uncertainty and risk using: (a) interval valued probability in Parts II and III of the A Treatise on Probability,(b) decision weights in Part IV of the A Treatise on Probability ,or...
Persistent link: https://www.econbiz.de/10012835277
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Some Examples of 21st Century Philosophers Who Have Written About Keynes’s Logical Theory of Probability, but Have Skipped Part II of the A Treatise on Probability, Where Keynes Pr...
Brady, Michael Emmett - 2020
Nearly one hundred years after Keynes published his A Treatise on Probability in 1921,it appears that practically no philosophers have read Part II of the A Treatise on Probability in either the 20th or 21st centuries. This simply means that no modern day philosopher is in any position to...
Persistent link: https://www.econbiz.de/10012842021
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Professor Sakai’s Conjecture About the Diagram on Page 39 (Page 42 of the 1973 CWJMK Edition) of the 1921 Edition Illustrating Keynes’s Interval Probability : His Heuristically Cor...
Brady, Michael Emmett - 2019
Professor Sakai has intuitively and heuristically demonstrated correctly that Keynes's introductory diagram on page 39 of the 1921 edition (Page 42 of the CWJMK 1973 edition), which Keynes intended to be only a brief introduction illustrating his theory of measurement in chapter III of the A...
Persistent link: https://www.econbiz.de/10012891107
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On the Very Severe Contradictions, Inconsistencies, and Confusions in the Assessment of Keynes’s Logical Theory of Probability in the A Treatise on Probability by Heterodox Economi...
Brady, Michael Emmett - 2020
Very severe contradictions, inconsistencies, and confusions exist in the exchanges between two Heterodox economists, 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...
Persistent link: https://www.econbiz.de/10012824402
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One Hundred Years After Keynes’s a Treatise on Probability Appeared, There Is Still Pervasive Confusion Among Academics About the Logical Theory of Probability : Keynes’s Theory of...
Brady, Michael Emmett - 2020
The very recent publication of C. Misak's autobiography of F P Ramsey in 2020, as well as a number of book reviews made by different reviewers of that book, have resulted in the resurrection of highly misleading claims made by F. Ramsey, when he was 18 years old, that can only be characterized...
Persistent link: https://www.econbiz.de/10012825560
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Keynes’s Logical Theory of Probability Is Concerned with Rational Degrees of Belief Based on Cognition, Which Are Not Mysterious or Mystical, Rank Ordered or Qualitative : F P Rams...
Brady, Michael Emmett - 2019
Recent exchanges between two academics on the Internet ,both experts in conventional and unconventional approaches to decision theory, reveal an astounding lack of knowledge and understanding regarding the makeup of Keynes's logical theory of probability as put forth by Keynes in 1921,...
Persistent link: https://www.econbiz.de/10012866735
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J M Keynes’s Logical Theory of Probability in the A Treatise on Probability (1921) Is Based on the Interval Valued Approach of Boole and Not on the Principle of Indifference, Which...
Brady, Michael Emmett - 2019
It was George Boole who published the first systematic exposition of a logical theory of probability in 1854 in The Laws of Thought. J M Keynes was the second scholar to publish a systematic, technical exposition of logical probability. This was all carefully presented by the American...
Persistent link: https://www.econbiz.de/10012869813