Imprecise Probabilities and Unstable Betting Behaviour

Noûs 52 (1):69-87 (2014)
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Abstract

Many have argued that a rational agent's attitude towards a proposition may be better represented by a probability range than by a single number. I show that in such cases an agent will have unstable betting behaviour, and so will behave in an unpredictable way. I use this point to argue against a range of responses to the ‘two bets’ argument for sharp probabilities.

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Anna Mahtani
London School of Economics

References found in this work

Morals by agreement.David P. Gauthier - 1986 - New York: Oxford University Press.
Truth and probability.Frank Ramsey - 2010 - In Antony Eagle (ed.), Philosophy of Probability: Contemporary Readings. New York: Routledge. pp. 52-94.
Vagueness.Timothy Williamson - 1994 - British Journal for the Philosophy of Science 46 (4):589-601.
On indeterminate probabilities.Isaac Levi - 1974 - Journal of Philosophy 71 (13):391-418.
Subjective Probabilities Should be Sharp.Adam Elga - 2010 - Philosophers' Imprint 10.

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