– We offer a new motivation for imprecise probabilities. We argue that there are propositions to which precise probability cannot be assigned, but to which imprecise probability can be assigned. In such cases the alternative to imprecise probability is not precise probability, but no probability at all. And an imprecise probability is substantially better than no probability at all. Our argument is based on the mathematical phenomenon of non-measurable sets. Non-measurable propositions cannot receive precise probabilities, but there is a natural (...) way for them to receive imprecise probabilities. The mathematics of non-measurable sets is arcane, but its epistemological import is far-reaching; even apparently mundane propositions are liable to be affected by non-measurability. The phenomenon of non-measurability dramatically reshapes the dialectic between critics and proponents of imprecise credence. Non-measurability offers natural rejoinders to prominent critics of imprecise credence. Non-measurability even reverses some of the critics’ arguments—by the very lights that have been used to argue against imprecise credences, imprecise credences are better than precise credences. (shrink)

We investigate how to assign probabilities to sentences that contain a type-free truth predicate. These probability values track how often a sentence is satisfied in transfinite revision sequences, following Gupta and Belnap’s revision theory of truth. This answers an open problem by Leitgeb which asks how one might describe transfinite stages of the revision sequence using such probability functions. We offer a general construction, and explore additional constraints that lead to desirable properties of the resulting probability function. One such property (...) is Leitgeb’s Probabilistic Convention T, which says that the probability of φ equals the probability that φ is true. (shrink)

We present a new proposal for what to do at limits in the revision theory. The usual criterion for a limit stage is that it should agree with any definite verdicts that have been brought about before that stage. We suggest that one should not only consider definite verdicts that have been brought about but also more general properties; in fact any closed property can be considered. This more general framework is required if we move to considering revision theories for (...) concepts that are concerned with real numbers, but also has consequences for more traditional revision theories such as the revision theory of truth. (shrink)

Non-Archimedean probability functions allow us to combine regularity with perfect additivity. We discuss the philosophical motivation for a particular choice of axioms for a non-Archimedean probability theory and answer some philosophical objections that have been raised against infinitesimal probabilities in general.