1926 paper "Truth and Probability"

E381628

The 1926 paper "Truth and Probability" is a foundational work in decision theory and the philosophy of probability, in which Frank P. Ramsey introduces a subjective interpretation of probability based on rational betting behavior.

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1926 paper "Truth and Probability" canonical 1

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Predicate Object
instanceOf academic paper
philosophical work
work on decision theory
author F. P. Ramsey
surface form: Frank P. Ramsey

F. P. Ramsey
surface form: Frank Plumpton Ramsey
centralIdea probabilities are rational degrees of belief revealed by betting behavior
probability can be derived from consistency constraints on preferences
rationality requires coherence among degrees of belief
citedBy later works in Bayesian statistics
later works in decision theory
later works in philosophy of science
countryOfOrigin United Kingdom
field decision theory
epistemology
mathematical logic
philosophy of probability
hasPart analysis of partial belief
argument against objective frequency interpretations
derivation of probability axioms from rationality constraints
discussion of logical versus psychological probability
historicalSignificance foundational text for Bayesian decision theory
major contribution to 20th-century analytic philosophy
one of the earliest explicit formulations of subjective probability
influenced Bayes rules
surface form: Bayesian decision theory

Bayesian epistemology
expected utility theory
modern decision theory
personalist probability theory
subjective expected utility theory
introducesConcept Dutch book arguments
surface form: Dutch book argument

Ramseyian subjective probability
betting interpretation of probability
coherence of beliefs
degree of belief
subjective probability
language English
methodology analysis of rational betting behavior
use of Dutch book arguments
philosophicalPosition anti-frequentist view of probability
subjectivist view of probability
publicationYear 1926
relatedTo Bayes’ theorem
surface form: Bayes' theorem

axiomatic probability theory
coherence constraints on credences
expected utility maximization
pragmatist approaches to belief
theoryType Bayesian interpretation of probability
subjective interpretation of probability

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F. P. Ramsey publication 1926 paper "Truth and Probability"