The generalized Bayes’ rule (GBR) can be used to conduct ‘quasi-Bayesian’ analyses when prior beliefs are represented by imprecise probability models. We describe a procedure for deriving coherent imprecise probability models when the event space consists of a finite set of mutually exclusive and exhaustive events. The procedure is based on Walley’s theory of upper and lower prevision and employs simple linear programming models. We then describe how these models can be updated using Cozman’s linear programming formulation (...) of the GBR. Examples are provided to demonstrate how the GBR can be applied in practice. These examples also illustrate the effects of prior imprecision and prior-data conflict on the precision of the posterior probability distribution. (shrink)

We study probabilistically informative (weak) versions of transitivity by using suitable definitions of defaults and negated defaults in the setting of coherence and imprecise probabilities. We represent p-consistent sequences of defaults and/or negated defaults by g-coherent imprecise probability assessments on the respective sequences of conditional events. Moreover, we prove the coherent probability propagation rules for Weak Transitivity and the validity of selected inference patterns by proving p-entailment of the associated knowledge bases. Finally, we apply our results (...) to study selected probabilistic versions of classical categorical syllogisms and construct a new version of the square of opposition in terms of defaults and negated defaults. (shrink)

We present probabilistic approaches to check the validity of selected connexive principles within the setting of coherence. Connexive logics emerged from the intuition that conditionals of the form If ∼A, then A, should not hold, since the conditional’s antecedent ∼A contradicts its consequent A. Our approach covers this intuition by observing that for an event A the only coherent probability assessment on the conditional event A|~A is p(A|~A)=0 . Moreover, connexive logics aim to capture the intuition that (...) conditionals should express some “connection” between the antecedent and the consequent or, in terms of inferences, validity should require some connection between the premise set and the conclusion. This intuition is covered by a number of principles, a selection of which we analyze in our contribution. We present two approaches to connexivity within coherence-based probability logic. Specifically, we analyze connections between antecedents and consequents firstly, in terms of probabilistic constraints on conditional events (in the sense of defaults, or negated defaults) and secondly, in terms of constraints on compounds of conditionals and iterated conditionals. After developing different notions of negations and notions of validity, we analyze the following connexive principles within both approaches: Aristotle’s Theses, Aristotle’s Second Thesis, Abelard’s First Principle and selected versions of Boethius’ Theses. We conclude by remarking that coherence-based probability logic offers a rich language to investigate the validity of various connexive principles. (shrink)

Over the years several non-equivalent probabilistic measures of coherence have been discussed in the philosophical literature. In this paper we examine these measures with respect to their empirical adequacy. Using test cases from the coherence literature as vignettes for psychological experiments we investigate whether the measures can predict the subjective coherence assessments of the participants. It turns out that the participants’ coherence assessments are best described by Roche’s coherence measure based on Douven and Meijs’ average mutual support approach and the (...) conditional probability. (shrink)

In this paper we investigate the problem of testing the coherence of an assessment of conditional probability following a purely logical setting. In particular we will prove that the coherence of an assessment of conditional probability χ can be characterized by means of the logical consistency of a suitable theory T χ defined on the modal-fuzzy logic FP k (RŁΔ) built up over the many-valued logic RŁΔ. Such modal-fuzzy logic was previously introduced in Flaminio (Lecture Notes (...) in Computer Science, vol. 3571, 2005) in order to treat conditional probability by means of a list of simple probabilities following the well known (smart) ideas exposed by Halpern (Proceedings of the eighth conference on theoretical aspects of rationality and knowledge, pp 17–30, 2001) and by Coletti and Scozzafava (Trends Logic 15, 2002). Roughly speaking, such logic is obtained by adding to the language of RŁΔ a list of k modalities for “probably” and axioms reflecting the properties of simple probability measures. Moreover we prove that the satisfiability problem for modal formulas of FP k (RŁΔ) is NP-complete. Finally, as main result of this paper, we prove FP k (RŁΔ) in order to prove that the problem of establishing the coherence of rational assessments of conditional probability is NP-complete. (shrink)

We prove that de Finetti coherence is preserved under taking products of coherent books on two sets of independent events. This establishes a desirable closure property of coherence: were it not the case it would raise a question mark over the utility of de Finetti’s notion of coherence.

The logical consistency of a collection of assertions about events can be viewed as a special case of coherent probability assessments in the sense of de Finetti.

We present a coherence-based probability semantics for (categorical) Aristotelian syllogisms. For framing the Aristotelian syllogisms as probabilistic inferences, we interpret basic syllogistic sentence types A, E, I, O by suitable precise and imprecise conditional probability assessments. Then, we define validity of probabilistic inferences and probabilistic notions of the existential import which is required, for the validity of the syllogisms. Based on a generalization of de Finetti's fundamental theorem to conditional probability, we investigate the coherent probability (...) propagation rules of argument forms of the syllogistic Figures I, II, and III, respectively. These results allow to show, for all three Figures, that each traditionally valid syllogism is also valid in our coherence-based probability semantics. Moreover, we interpret the basic syllogistic sentence types by suitable defaults and negated defaults. Thereby, we build a knowledge bridge from our probability semantics of Aristotelian syllogisms to nonmonotonic reasoning. Finally, we show how the proposed semantics can be used to analyze syllogisms involving generalized quantifiers. (shrink)

Various semantics for studying the square of opposition have been proposed recently. So far, only [14] studied a probabilistic version of the square where the sentences were interpreted by (negated) defaults. We extend this work by interpreting sentences by imprecise (set-valued) probability assessments on a sequence of conditional events. We introduce the acceptability of a sentence within coherence-based probability theory. We analyze the relations of the square in terms of acceptability and show how to construct probabilistic versions of (...) the square of opposition by forming suitable tripartitions. Finally, as an application, we present a new square involving generalized quantifiers. (shrink)

We study probabilistic logic under the viewpoint of the coherence principle of de Finetti. In detail, we explore how probabilistic reasoning under coherence is related to model- theoretic probabilistic reasoning and to default reasoning in System . In particular, we show that the notions of g-coherence and of g-coherent entailment can be expressed by combining notions in model-theoretic probabilistic logic with concepts from default reasoning. Moreover, we show that probabilistic reasoning under coherence is a generalization of default reasoning in (...) System . That is, we provide a new probabilistic semantics for System , which neither uses infinitesimal probabilities nor atomic bound (or big-stepped) probabilities. These results also provide new algorithms for probabilistic reasoning under coherence and for default reasoning in System , and they give new insight into default reasoning with conditional objects. (shrink)

This paper continues our work on a coherence-based probability semantics for Aristotelian syllogisms (Gilio, Pfeifer, and Sanfilippo, 2016; Pfeifer and Sanfilippo, 2018) by studying Figure III under coherence. We interpret the syllogistic sentence types by suitable conditional probability assessments. Since the probabilistic inference of P|S from the premise set {.

Striving for a probabilistic explication of coherence, scholars proposed a distinction between agreement and striking agreement. In this paper I argue that only the former should be considered a genuine concept of coherence. In a second step the relation between coherence and reliability is assessed. I show that it is possible to concur with common intuitions regarding the impact of coherence on reliability in various types of witness scenarios by means of an agreement measure of coherence. Highlighting the need to (...) separate the impact of coherence and specificity on reliability it is finally shown that a recently proposed vindication of the Shogenji measure qua measure of coherence vanishes. (shrink)

We study probabilistically informative (weak) versions of transitivity by using suitable definitions of defaults and negated defaults in the setting of coherence and imprecise probabilities. We represent p-consistent sequences of defaults and/or negated defaults by g-coherent imprecise probability assessments on the respective sequences of conditional events. Finally, we present the coherent probability propagation rules for Weak Transitivity and the validity of selected inference patterns by proving p-entailment of the associated knowledge bases.

An examination of topics involved in statistical reasoning with imprecise probabilities. The book discusses assessment and elicitation, extensions, envelopes and decisions, the importance of imprecision, conditional previsions and coherent statistical models.

De Finetti gave a natural definition of “coherent probability assessment” β:E→[0,1] of a set E={X1,…,Xm} of “events” occurring in an arbitrary set of “possible worlds”. In the particular case of yes–no events, , Kolmogorov axioms can be derived from his criterion. While De Finetti’s approach to probability was logic-free, we construct a theory Θ in infinite-valued Łukasiewicz propositional logic, and show: a possible world of is a valuation satisfying Θ, β is coherent iff it is (...) a convex combination of valuations satisfying Θ, iff β agrees on E with a state of the Lindenbaum MV-algebra of Θ, iff for some Borel probability measure μ on . Thus Łukasiewicz semantics, MV-algebraic states, and Borel probability measures provide a universal representation of coherent assessments of events occurring in any conceivable set of possible worlds. (shrink)

We resolve a useful formulation of the question how a statistician can coherently incorporate the information in a consulted expert’s probability assessment for an event into a personal posterior probability assertion. Using a framework that recognises the total information available as composed of units available only to each of them along with units available to both, we show: that a sufficient statistic for all the information available to both the expert and the statistician is the product of (...) their odds ratios in favour of the event; that the geometric mean of their two probabilities specifies a contour of pairs of assertions in the unit-square that yield the same posterior probability; that the information-combining function is parameterised by an unknown probability for the event conditioned only on the unspecified information common to both the statistician and the expert; and that an assessable mixing distribution over this unspecified probability allows an integrable mixture distribution to represent a computable posterior probability. The exact results allow the identification of the subclass of coherent probabilities that are externally Bayesian operators. This subclass is equivalent to the class of combining functions that honour the principles of uniformity and compromise. (shrink)

Various semantics for studying the square of opposition and the hexagon of opposition have been proposed recently. We interpret sentences by imprecise (set-valued) probability assessments on a finite sequence of conditional events. We introduce the acceptability of a sentence within coherence-based probability theory. We analyze the relations of the square and of the hexagon in terms of acceptability. Then, we show how to construct probabilistic versions of the square and of the hexagon of opposition by forming suitable tripartitions (...) of the set of all coherent assessments. Finally, as an application, we present new versions of the square and of the hexagon involving generalized quantifiers. (shrink)

We study a probabilistic logic based on the coherence principle of de Finetti and a related notion of generalized coherence (g-coherence). We examine probabilistic conditional knowledge bases associated with imprecise probability assessments defined on arbitrary families of conditional events. We introduce a notion of conditional interpretation defined directly in terms of precise probability assessments. We also examine a property of strong satisfiability which is related to the notion of toleration well known in default reasoning. In our framework we (...) give more general definitions of the notions of probabilistic consistency and probabilistic entailment of Adams. We also recall a notion of strict p-consistency and some related results. Moreover, we give new proofs of some results obtained in probabilistic default reasoning. Finally, we examine the relationships between conditional probability rankings and the notions of g-coherence and g-coherent entailment. (shrink)

Society is facing uncertainty on a multitude of domains and levels: usually, reasoning and decisions about political, economic, or health issues must be made under uncertainty. Among various approaches to probability, this chapter presents the coherence approach to probability as a method for uncertainty management. The authors explain the role of uncertainty in the context of important societal issues like legal reasoning and vaccination hesitancy. Finally, the chapter presents selected psychological factors which impact probabilistic representation and reasoning and (...) discusses what society can and cannot learn from the coherence approach from theoretical and practical perspectives. (shrink)

A logic for classical conditional events was investigated by Dubois and Prade. In their approach, the truth value of a conditional event may be undetermined. In this paper we extend the treatment to many-valued events. Then we support the thesis that probability over partially undetermined events is a conditional probability, and we interpret it in terms of bets in the style of de Finetti. Finally, we show that the whole investigation can be carried out in a logical and (...) algebraic setting, and we find a logical characterization of coherence for assessments of partially undetermined events. (shrink)

The heart of my dissertation project is the proposal of a new updating rule for responding to learning experiences consisting of continuous streams of evidence. I suggest characterizing this kind of learning experience as a continuous stream of stipulated credal derivatives, and show that Continuous Probability Kinematics is the uniquely coherent response to such a stream which satisfies a continuous analogue of Rigidity – the core property of both Bayesian and Jeffrey conditionalization. In the first chapter, I define (...) neighborhood norms of rationality with reference to Kenny Easwaran’s definition of neighborhood properties. I summarize and comment on some of the key arguments in the dispute between time-slice epistemologists, who argue that there are no fundamentally diachronic norms of rationality, and the proponents of diachronic norms. I am sympathetic to two of the key motivations often given in support of the synchronist position: mentalist internalism and the idea that metaphysical disputes about the identity of persons in bizarre puzzle cases should not play a central role in epistemologists’ assessments of the rationality of agents. However, I argue that time-slice epistemology cannot adequately address the rationality of temporally-extended processes like reasoning and learning. Neighborhood norms present a viable third way between these two positions, capturing much of the spirit of the previously-discussed synchronist motivations while still providing just enough temporal structure to meaningfully guide and evaluate temporally-extended rational processes. Continuous Probability Kinematics is an example of one such neighborhood norm. In the second chapter, I develop my updating rule CPK and establish many of its core properties. Of special note here are the deep connections to Jeffrey’s Probability Kinematics, as well as some key differences. The net result of any CPK updating process will always be representable as a Jeffrey shift on the refined partition generated by the propositions that the agent is receiving direct evidence concerning. However, one crucial difference is that CPK provides an intuitive account of how to combine the effects of learning experiences that are each about fundamentally different underlying partitions. In CPK’s formalism, an agent can receive simultaneous evidence streams about an arbitrary (finite) number of propositions, which can themselves be evidentially related in any way. At any given instant, the result of the combination is a simple sum of the effects that learning about the individual propositions would have separately. CPK is concerned with a novel kind of learning experience and involves a novel characterization of evidence. The third and final chapter of this dissertation is concerned with explaining what this characterization of evidence means and with arguing that it can be the basis for genuine learning. I begin by characterizing learning experiences in terms of the Value of Information, and prove a Value of Information theorem for CPK learning experiences under the assumption of a Martingale constraint on the agent’s prior distribution over the signals that they might receive. I examine Timothy Williamson’s arguments that evidence must be propositional and express my skepticism. I then explore two different routes to model agents who update by CPK as if they are learning some propositional content and updating the rest of their credences by Bayesian conditionalization on this content. The second of these two routes provides a very interesting lens to reexamine the evidential commitments that underwrite updating by CPK, which I analyze. (shrink)

This paper examines the role of coherence of evidence in what I call the non-dynamic model of confirmation. It appears that other things being equal, a higher degree of coherence among pieces of evidence raises to a higher degree the probability of the proposition they support. I argue against this view on the basis of three related observations. First, we should be able to assess the impact of coherence on any hypothesis of interest the evidence supports. Second, the impact (...) of coherence among the pieces of evidence can be different on different hypotheses of interest they support. Third, when we assess the impact of coherence on a hypothesis of interest, other conditions that should be held equal for a fair assessment include the degrees of individual support which the propositions directly supported by the respective pieces of evidence provide for the hypothesis. Once we take these points into consideration, the impression that coherence of evidence plays a positive role in confirmation dissipates. In some cases it can be shown that other things being equal, a higher degree of coherence among the pieces of evidence reduces the degree of confirmation for the hypothesis they support. (shrink)

ABSTRACTThe new paradigm in the psychology of reasoning redirects the investigation of deduction conceptually and methodologically because the premises and the conclusion of the inferences are assumed to be uncertain. A probabilistic counterpart of the concept of logical validity and a method to assess whether individuals comply with it must be defined. Conceptually, we used de Finetti's coherence as a normative framework to assess individuals' performance. Methodologically, we presented inference schemas whose premises had various levels of probability that contained (...) non-numerical expressions and, as a control, sure levels. Depending on the inference schemas, from 60% to 80% of the participants produced coherent conclusions when the premises were uncertain. The data also show that except for schemas involving conjunction, performance was consistently lower with certain than uncertain premises, the rate of conjunction fallacy was consistently low (not exceeding 20%,.. (shrink)

In “What price coherence?”, Klein and Warfield put forward a simple argument that triggered an extensive debate on the epistemic virtues of coherence. As is well-known, this debate yielded far-reaching impossibility results to the effect that coherence is not conducive to truth, even if construed in a ceteris paribus sense. A large part of the present paper is devoted to a re-evaluation of these results. As is argued, all explications of truth-conduciveness leave out an important aspect: while it might not (...) be the case that coherence is truth-conducive, it might be conducive to verisimilitude or epistemic utility. Unfortunately, it is shown that the answer for both these issues must be in the negative, again. Furthermore, we shift the focus from sets of beliefs to particular beliefs: as is shown, neither is any of the extant probabilistic measures of coherence truth-conducive on the level of particular beliefs, nor does weakening these measures to quasi-orderings establish the link between coherence and truth for an important amount of measures. All in all, the results in this paper cast a serious doubt on the approach of establishing a link between coherence and truth. Finally, recent arguments that shift the focus from the relationship between coherence and truth to the one between coherence and confirmation are assessed. (shrink)

How can we determine the adequacy of a probabilistic coherence measure? A widely accepted approach to this question besides formulating adequacy constraints is to employ paradigmatic test cases consisting of a scenario providing a joint probability distribution over some specified set of propositions coupled with a normative coherence assessment for this set. However, despite the popularity of the test case approach, a systematic evaluation of the proposed test cases is still missing. This paper’s aim is to change this. (...) Using a custom written computer program for the necessary probabilistic calculations a large number of coherence measures in an extensive collection of test cases is examined. The result is a detailed overview of the test case performance of any probabilistic coherence measures proposed so far. It turns out that none of the popular coherence measures such as Shogenji’s, Glass’ and Olsson’s, Fitelson’s or Douven and Meijs’ but two rather unnoticed measures perform best. This, however, does not mean that the other measures can be rejected straightforwardly. Instead, the results presented here are to be understood as a contribution among others to the project of finding adequate probabilistic coherence measures. (shrink)

Stochastic forecasts in complex environments can benefit from combining the estimates of large groups of forecasters (“judges”). But aggregating multiple opinions faces several challenges. First, human judges are notoriously incoherent when their forecasts involve logically complex events. Second, individual judges may have specialized knowledge, so different judges may produce forecasts for different events. Third, the credibility of individual judges might vary, and one would like to pay greater attention to more trustworthy forecasts. These considerations limit the value of simple aggregation (...) methods like linear averaging. In this paper, a new algorithm is proposed for combining probabilistic assessments from a large pool of judges. Two measures of a judge’s likely credibility are introduced and used in the algorithm to determine the judge’s weight in aggregation. The algorithm was tested on a data set of nearly half a million probability estimates of events related to the 2008 U.S. presidential election (∼ 16000 judges). (shrink)

The paper presents a comparison of the two most commonly used diagnostic tests for orthorexia – ORTO-15 Questionnaire and BOT (Bratman Orthorexia Test) – that use data-mining methods. Orthorexia nervosa is perceived as a new, unclassified eating disorder, which is characterized with pathological fixation on the consumption of healthy foods. In order to assess the coherence of the aforementioned tests, a method from the data-mining group, i.e. correspondence analysis, was used in addition to traditional statistical methods. On the basis of (...) the obtained results, only average correlation between ORTO-15 Questionnaire and BOT test was found. More cases of orthorexia were diagnosed with the use of ORTO-15 Questionnaire, which may result from its higher sensitivity. It was also noted that the coherence of tests increases with increasing BMI values, despite no relationship between BMI and the presence of orthorexia having been proved. Diagnosis of an orthorexia case with the use of BOT test implies that there is a high probability that it will also be diagnosed with the use of ORTO-15 test, but not necessarily the other way around. The performed correspondence analysis confirmed a not very strong coherence of the results of both tests. (shrink)

In this paper we examine C. I. Lewis's view on the roleof coherence – what he calls ''congruence'' – in thejustification of beliefs based on memory ortestimony. Lewis has two main theses on the subject. His negativethesis states that coherence of independent items ofevidence has no impact on the probability of a conclusionunless each item has some credibility of its own. Thepositive thesis says, roughly speaking, that coherenceof independently obtained items of evidence – such asconverging memories or testimonies – (...) raises the probabilityof a conclusion to the extent sufficient for epistemicjustification, or, to use Lewis's expression, ''rationaland practical reliance''.It turns out that, while thenegative thesis is essentially correct, astrong positive connection between congruence andprobability – a connection of the kind Lewis ultimatelyneeds in his validation of memory – is contingent on thePrinciple of Indifference. In the final section we assess therepercussions of the latter fact for Lewis's theory in particularand for coherence justification in general. (shrink)

Abstract.This paper is devoted to a logical and algebraic treatment of conditional probability. The main ideas are the use of non-standard probabilities and of some kind of standard part function in order to deal with the case where the conditioning event has probability zero, and the use of a many-valued modal logic in order to deal probability of an event φ as the truth value of the sentence φ is probable, along the lines of Hájek’s book [H98] (...) and of [EGH96]. To this purpose, we introduce a probabilistic many-valued logic, called FP(SŁΠ), which is sound and complete with respect a class of structures having a non-standard extension [0,1]⋆ of [0,1] as set of truth values. We also prove that the coherence of an assessment of conditional probabilities is equivalent to the coherence of a suitably defined theory over FP(SŁΠ) whose proper axioms reflect the assessment itself. (shrink)

Background: Evidence suggesting adverse drug reactions often emerges unsystematically and unpredictably in form of anecdotal reports, case series and survey data. Safety trials and observational studies also provide crucial information regarding the (un-)safety of drugs. Hence, integrating multiple types of pharmacovigilance evidence is key to minimising the risks of harm. Methods: In previous work, we began the development of a Bayesian framework for aggregating multiple types of evidence to assess the probability of a putative causal link between drugs and (...) side effects. This framework arose out of a philosophical analysis of the Bradford Hill Guidelines. In this article, we expand the Bayesian framework and add “evidential modulators,” which bear on the assessment of the reliability of incoming study results. The overall framework for evidence synthesis, “E-Synthesis”, is then applied to a case study. Results: Theoretically and computationally, E-Synthesis exploits coherence of partly or fully independent evidence converging towards the hypothesis of interest (or of conflicting evidence with respect to it), in order to update its posterior probability. With respect to other frameworks for evidence synthesis, our Bayesian model has the unique feature of grounding its inferential machinery on a consolidated theory of hypothesis confirmation (Bayesian epistemology), and in allowing any data from heterogeneous sources (cell-data, clinical trials, epidemiological studies), and methods (e.g., frequentist hypothesis testing, Bayesian adaptive trials, etc.) to be quantitatively integrated into the same inferential framework. Conclusions: E-Synthesis is highly flexible concerning the allowed input, while at the same time relying on a consistent computational system, that is philosophically and statistically grounded. Furthermore, by introducing evidential modulators, and thereby breaking up the different dimensions of evidence (strength, relevance, reliability), E-Synthesis allows them to be explicitly tracked in updating causal hypotheses. (shrink)

Examining the social and political upheavals that characterized the collapse of public judgment in early modern Europe, Liberating Judgment offers a unique account of the achievement of liberal democracy and self-government. The book argues that the work of John Locke instills a civic judgment that avoids the excesses of corrosive skepticism and dogmatic fanaticism, which lead to either political acquiescence or irresolvable conflict. Locke changes the way political power is assessed by replacing deteriorating vocabularies of legitimacy with a new language (...) of justification informed by a conception of probability. For Locke, the coherence and viability of liberal self-government rests not on unassailable principles or institutions, but on the capacity of citizens to embrace probable judgment. The book explores the breakdown of the medieval understanding of knowledge and opinion, and considers how Montaigne's skepticism and Descartes' rationalism--interconnected responses to the crisis--involved a pragmatic submission to absolute rule. Locke endorses this response early on, but moves away from it when he encounters a notion of reasonableness based on probable judgment. In his mature writings, Locke instructs his readers to govern their faculties and intellectual yearnings in accordance with this new standard as well as a vocabulary of justification that might cultivate a self-government of free and equal individuals. The success of Locke's arguments depends upon citizens' willingness to take up the labor of judgment in situations where absolute certainty cannot be achieved. (shrink)

Recently there have been several attempts in formal epistemology to develop an adequate probabilistic measure of coherence. There is much to recommend probabilistic measures of coherence. They are quantitative and render formally precise a notion—coherence—notorious for its elusiveness. Further, some of them do very well, intuitively, on a variety of test cases. Siebel, however, argues that there can be no adequate probabilistic measure of coherence. Take some set of propositions A, some probabilistic measure of coherence, and a probability distribution (...) such that all the probabilities on which A’s degree of coherence depends (according to the measure in question) are defined. Then, the argument goes, the degree to which A is coherent depends solely on the details of the distribution in question and not at all on the explanatory relations, if any, standing between the propositions in A. This is problematic, the argument continues, because, first, explanation matters for coherence, and, second, explanation cannot be adequately captured solely in terms of probability. We argue that Siebel’s argument falls short. (shrink)

The Expected Shortfall or Conditional Value-at-Risk (CVaR) has been playing the role of main risk measure in the recent years and paving the way for an enormous number of applications in risk management due to its very intuitive form and important coherence properties. This work aims to explore this measure as a probability-dependent utility functional, introducing an alternative view point for its Choquet Expected Utility representation. Within this point of view, its main preference properties will be characterized and its (...) utility representation provided through local utilities with an explicit dependence on the assessed revenue’s distribution (quantile) function. Then, an intuitive interpretation for the related probability dependence and the piecewise form of such utility will be introduced on an investment pricing context, in which a CVaR maximizer agent will behave in a relativistic way based on his previous estimates of the probability function. Finally, such functional will be extended to incorporate a larger range of risk-averse attitudes and its main properties and implications will be illustrated through examples, such as the so-called Allais Paradox. (shrink)

Largely due to the difficulty of observing behavior, empirical business ethics research relies heavily on the scenario methodology. While not disputing the usefulness of the technique, this paper highlights the importance of a careful assessment of the fit between the context of the situation described in the scenario and the knowledge and experience of the respondents. Based on a study of online auctions, we provide evidence that even respondents who have direct knowledge of the situation portrayed in the scenario (...) may develop significantly different assessments of the level of unethical behavior. Further, those assessments may be conditioned in different ways by the same moderating variables. We conclude that care should be exercised when recruiting respondents to choose only those who can be expected to understand the scenario in its true context and that separate analyses should be conducted for groups of respondents who have different perspectives within that context. (shrink)

Largely due to the difficulty of observing behavior, empirical business ethics research relies heavily on the scenario methodology. While not disputing the usefulness of the technique, this paper highlights the importance of a careful assessment of the fit between the context of the situation described in the scenario and the knowledge and experience of the respondents. Based on a study of online auctions, we provide evidence that even respondents who have direct knowledge of the situation portrayed in the scenario (...) may develop significantly different assessments of the level of unethical behavior. Further, those assessments may be conditioned in different ways by the same moderating variables. We conclude that care should be exercised when recruiting respondents to choose only those who can be expected to understand the scenario in its true context and that separate analyses should be conducted for groups of respondents who have different perspectives within that context. (shrink)

We present two approaches to investigate the validity of connexive principles and related formulas and properties within coherence-based probability logic. Connexive logic emerged from the intuition that conditionals of the form if not-A, thenA, should not hold, since the conditional’s antecedent not-A contradicts its consequent A. Our approaches cover this intuition by observing that the only coherent probability assessment on the conditional event $${A| \overline{A}}$$ A | A ¯ is $${p(A| \overline{A})=0}$$ p ( A | A (...) ¯ ) = 0. In the first approach we investigate connexive principles within coherence-based probabilistic default reasoning, by interpreting defaults and negated defaults in terms of suitable probabilistic constraints on conditional events. In the second approach we study connexivity within the coherence framework of compound conditionals, by interpreting connexive principles in terms of suitable conditional random quantities. After developing notions of validity in each approach, we analyze the following connexive principles: Aristotle’s theses, Aristotle’s Second Thesis, Abelard’s First Principle, and Boethius’ theses. We also deepen and generalize some principles and investigate further properties related to connexive logic (like non-symmetry). Both approaches satisfy minimal requirements for a connexive logic. Finally, we compare both approaches conceptually. (shrink)

It is tempting to think that, if a person's beliefs are coherent, they are also likely to be true. This truth conduciveness claim is the cornerstone of the popular coherence theory of knowledge and justification. Erik Olsson's new book is the most extensive and detailed study of coherence and probable truth to date. Setting new standards of precision and clarity, Olsson argues that the value of coherence has been widely overestimated. Provocative and readable, Against Coherence will make stimulating reading (...) for epistemologists and anyone with a serious interest in truth. (shrink)

A coherence-based probability semantics for categorical syllogisms of Figure I, which have transitive structures, has been proposed recently (Gilio, Pfeifer, & Sanfilippo [15]). We extend this work by studying Figure II under coherence. Camestres is an example of a Figure II syllogism: from Every P is M and No S is M infer No S is P. We interpret these sentences by suitable conditional probability assessments. Since the probabilistic inference of ~????|???? from the premise set {????|????, ~????|????} is (...) not informative, we add ????(????|(????∨????))>0 as a probabilistic constraint (i.e., an “existential import assumption”) to obtain probabilistic informativeness. We show how to propagate the assigned (precise or interval-valued) probabilities to the sequence of conditional events (????|????,~????|????,????|(????∨????)) to the conclusion ~????|???? . Thereby, we give a probabilistic meaning to the other syllogisms of Figure II. Moreover, our semantics also allows for generalizing the traditional syllogisms to new ones involving generalized quantifiers (like Most S are P) and syllogisms in terms of defaults and negated defaults. (shrink)

Reports of the Intergovernmental Panel on Climate Change (IPCC) employ an evolving framework of calibrated language for assessing and communicating degrees of certainty in findings. A persistent challenge for this framework has been ambiguity in the relationship between multiple degree-of-certainty metrics. We aim to clarify the relationship between the likelihood and confidence metrics used in the Fifth Assessment Report (2013), with benefits for mathematical consistency among multiple findings and for usability in downstream modeling and decision analysis. We discuss how (...) our proposal meshes with current and proposed practice in IPCC uncertainty assessment. (shrink)

The question of coherence of rules for changing degrees of belief in the light of new evidence is studied, with special attention being given to cases in which evidence is uncertain. Belief change by the rule of conditionalization on an appropriate proposition and belief change by "probability kinematics" on an appropriate partition are shown to have like status.

I develop a probabilistic account of coherence, and argue that at least in certain respects it is preferable to (at least some of) the main extant probabilistic accounts of coherence: (i) Igor Douven and Wouter Meijs’s account, (ii) Branden Fitelson’s account, (iii) Erik Olsson’s account, and (iv) Tomoji Shogenji’s account. Further, I relate the account to an important, but little discussed, problem for standard varieties of coherentism, viz., the “Problem of Justified Inconsistent Beliefs.”.

The Intergovernmental Panel on Climate Change has developed a novel framework for assessing and communicating uncertainty in the findings published in their periodic assessment reports. But how should these uncertainty assessments inform decisions? We take a formal decision-making perspective to investigate how scientific input formulated in the IPCC’s novel framework might inform decisions in a principled way through a normative decision model.

In this article, I discuss an argument that purports to prove that probability theory is the only sensible means of dealing with uncertainty. I show that this argument can succeed only if some rather controversial assumptions about the nature of uncertainty are accepted. I discuss these assumptions and provide reasons for rejecting them. I also present examples of what I take to..

In The Structure of Empirical Knowledge , Laurence BonJour argues that coherence among a set of empirical beliefs can provide justification for those beliefs, in the sense of rendering them likely to be true. He also repudiates all forms of foundationalism for empirical beliefs, including what he calls "weak foundationalism" (the weakest form of foundationalism he can find). In the following, I will argue that coherence cannot provide any justification for our beliefs in the manner BonJour suggests unless some form (...) of foundational justification is assumed. In other words, the argument that BonJour gives in favor of the thesis that coherence provides a kind of justification succeeds if and only if some beliefs have (at least weak) foundational justification. (shrink)

Starting from a recent paper by S. Kaufmann, we introduce a notion of conjunction of two conditional events and then we analyze it in the setting of coherence. We give a representation of the conjoined conditional and we show that this new object is a conditional random quantity, whose set of possible values normally contains the probabilities assessed for the two conditional events. We examine some cases of logical dependencies, where the conjunction is a conditional event; moreover, we give the (...) lower and upper bounds on the conjunction. We also examine an apparent paradox concerning stochastic independence which can actually be explained in terms of uncorrelation. We briefly introduce the notions of disjunction and iterated conditioning and we show that the usual probabilistic properties still hold. (shrink)

This paper examines and evaluates a range of methodologies that have been proposed for making useful claims about the probability of phenomena that would contribute to existential risk. Section One provides a brief discussion of the nature of such claims, the contexts in which they tend to be made and the kinds of probability that they can contain. Section Two provides an overview of the methodologies that have been developed to arrive at these probabilities and assesses their advantages (...) and disadvantages. Section Three contains four suggestions to improve best practice in existential risk assessment. These suggestions centre on the types of probabilities used in risk assessment, the role of methodology rankings including the ranking of probabilistic information, the extended use of expert elicitation, and the use of confidence measures to better communicate uncertainty in probability assessments. Finally, Section Four provides an annotated literature review of catastrophic and existential risk probability claims as well as the methodologies that were used to produce each of them. (shrink)

This paper examines and evaluates a range of methodologies that have been proposed for making useful claims about the probability of phenomena that would contribute to existential risk. Section One provides a brief discussion of the nature of such claims, the contexts in which they tend to be made and the kinds of probability that they can contain. Section Two provides an overview of the methodologies that have been developed to arrive at these probabilities and assesses their advantages (...) and disadvantages. Section Three contains four suggestions to improve best practice in existential risk assessment. These suggestions centre on the types of probabilities used in risk assessment, the role of methodology rankings including the ranking of probabilistic information, the extended use of expert elicitation, and the use of confidence measures to better communicate uncertainty in probability assessments. Finally, Section Four provides an annotated literature review of catastrophic and existential risk probability claims as well as the methodologies that were used to produce each of them. (shrink)