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Single Idea 19143

[filed under theme 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 Ref

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

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A Reaction

This is evidently the beginnings of Bayesian decision theory.

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The 2 ideas from 'Truth and Probability'

19143

Ramsey gave axioms for an uncertain agent to decide their preferences [Ramsey, by Davidson]

13766

'If' is the same as 'given that', so the degrees of belief should conform to probability theory [Ramsey, by Ramsey]