### Single Idea 19143

#### [catalogued under 14. Science / C. Induction / 6. Bayes's Theorem]

Full Idea

Ramsey gave an axiomatic treatment of preference in the face of uncertainty, when applied to a particular agent.

Gist of Idea

Ramsey gave axioms for an uncertain agent to decide their preferences

Source

report of Frank P. Ramsey (Truth and Probability [1926]) by Donald Davidson - Truth and Predication 2

Book Reference

Davidson,Donald: 'Truth and Predication' [Belknap Harvard 2005], p.32

A Reaction

This is evidently the beginnings of Bayesian decision theory.