The Theorem of Convergence of Opinions and Hume's Problem

Modern Philosophy 5:014 (2008)
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Abstract

The theorem of convergence of opinions is an important theorem in the subjective theory of probability.It demonstrates that the subjectivity of a prior probability will be substituted with the objectivity of a posterior probability as evidences increase.The theorem of convergence of opinions is regarded as the dynamic principle of rationality concerning the subjective probability,and therefore is used to resolve Hume's problem,i.e.,the problem of inductive rationality.However,Hacking convincingly argues that the theorem of convergence of opinions is not about the convergence of a posterior probability Pre(h),but about the convergence of a conditional probability Pr(h/e).The subjective theory of probability implies a tacit acceptance of an equation that is Pre(h)=Pr(h/e),usually called "the rule of conditionalisation".Thus,the problem of rationality of induction is converted into one concerning the rule of conditionalisation.In this paper a new principle of rationality(the principle of minimum number of initial probabilities)is put forward,which,in combination with the concept of "local rationality",offers a justification for the rule of conditionalisation.

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