Four important arguments for probabilism—the Dutch Book, representation theorem, calibration, and gradational accuracy arguments—have a strikingly similar structure. Each begins with a mathematical theorem, a conditional with an existentially quantified consequent, of the general form: if your credences are not probabilities, then there is a way in which your rationality is impugned. Each argument concludes that rationality requires your credences to be probabilities. I contend that each argument is invalid as formulated. In each case there is a mirror-image theorem and (...) a corresponding argument of exactly equal strength that concludes that rationality requires your credences not to be probabilities. Some further consideration is needed to break this symmetry in favour of probabilism. (shrink)

A conception of probability as an irreducible feature of the physical world is outlined. Propensity analyses of probability are examined and rejected as both formally and conceptually inadequate. It is argued that probability is a non-dispositional property of trial-types; probabilities are attributed to outcomes as event-types. Brier's Rule in an objectivist guise is used to forge a connection between physical and subjective probabilities. In the light of this connection there are grounds for supposing physical probability to obey some standard set (...) of axioms. However, there is no a priori reason why this should be the case. (shrink)

The word ‘probability’ in ordinary language has two different senses, here called inductive and physical probability. This paper examines the concept of inductive probability. Attempts to express this concept in other words are shown to be either incorrect or else trivial. In particular, inductive probability is not the same as degree of belief. It is argued that inductive probabilities exist; subjectivist arguments to the contrary are rebutted. Finally, it is argued that inductive probability is an important concept and that it (...) is a mistake to try to replace it with the concept of degree of belief, as is usual today. (shrink)

This paper aims to make explicit the methodological conditions that should be satisfied for the Bayesian model to be used as a normative model of human probability judgment. After noticing the lack of a clear definition of Bayesianism in the psychological literature and the lack of justification for using it, a classic definition of subjective Bayesianism is recalled, based on the following three criteria: an epistemic criterion, a static coherence criterion and a dynamic coherence criterion. Then it is shown that (...) the adoption of this framework has two kinds of implications. The first one regards the methodology of the experimental study of probability judgment. The Bayesian framework creates pragmatic constraints on the methodology that are linked to the interpretation of, and the belief in, the information presented, or referred to, by an experimenter in order for it to be the basis of a probability judgment by individual participants. It is shown that these constraints have not been satisfied in the past, and the question of whether they can be satisfied in principle is raised and answered negatively. The second kind of implications consists of two limitations in the scope of the Bayesian model. They regard (1) the background of revision (the Bayesian model considers only revising situations but not updating situations), and (2) the notorious case of the null priors. In both cases Lewis’ rule is an appropriate alternative to Bayes’ rule, but its use faces the same operational difficulties. (shrink)

Known as an upholder of subjectivism, Bruno de finetti (1906-1985) put forward a totally original philosophy of probability. This can be qualified as a combination of empiricism and pragmatism within an entirely coherent antirealistic perspective. The paper aims at clarifying the central features of such a philosophical position, Which is not only incompatible with any perspective based on an objective notion, But cannot be assimilated to other subjective views of probability either.