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.

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. _1_ Introduction _2_ The Limits of Classical Probability Theory _2.1_ Classical probability functions _2.2_ Limitations _2.3_ Infinitesimals to the rescue? _3_ NAP Theory _3.1_ First four axioms of NAP _3.2_ Continuity and conditional probability _3.3_ The final axiom of NAP (...) _3.4_ Infinite sums _3.5_ Definition of NAP functions via infinite sums _3.6_ Relation to numerosity theory _4_ Objections and Replies _4.1_ Cantor and the Archimedean property _4.2_ Ticket missing from an infinite lottery _4.3_ Williamson’s infinite sequence of coin tosses _4.4_ Point sets on a circle _4.5_ Easwaran and Pruss _5_ Dividends _5.1_ Measure and utility _5.2_ Regularity and uniformity _5.3_ Credence and chance _5.4_ Conditional probability _6_ General Considerations _6.1_ Non-uniqueness _6.2_ Invariance Appendix. (shrink)

We relate Popper functions to regular and perfectly additive such non-Archimedean probability functions by means of a representation theorem: every such non-Archimedean probability function is infinitesimally close to some Popper function, and vice versa. We also show that regular and perfectly additive non-Archimedean probability functions can be given a lexicographic representation. Thus Popper functions, a specific kind of non-Archimedean probability functions, and lexicographic probability functions triangulate to the same place: they are in a good sense interchangeable.

One result of this note is about the nonconstructivity of countably infinite lotteries: even if we impose very weak conditions on the assignment of probabilities to subsets of natural numbers we cannot prove the existence of such assignments constructively, i.e., without something such as the axiom of choice. This is a corollary to a more general theorem about large-small filters, a concept that extends the concept of free ultrafilters. The main theorem is that proving the existence of large-small filters requires (...) a nonconstructive axiom like AC. (shrink)