"[This book] proposes new foundations for the Bayesian principle of rational action, and goes on to develop a new logic of desirability and probabtility."—Frederic Schick, _Journal of Philosophy_.

This comprehensive discussion of the problem of rational belief develops the subject on the pattern of Bayesian decision theory. The analogy with decision theory introduces philosophical issues not usually encountered in logical studies and suggests some promising new approaches to old problems."We owe Professor Levi a debt of gratitude for producing a book of such excellence. His own approach to inductive inference is not only original and profound, it also clarifies and transforms the work of his predecessors. In short, the (...) book deserves to become a classic....There is a great deal of interest in the book besides these basic matters [forumlating rules of acceptance]. Some of the most interesting chapters are those that examine the implications of such rules. The discussions of probability, generalization, and various forms of inference are brilliant and enlightening. Indeed, the problems and methods elaborated by Professor Levi in his book serve as a new foundation for the study of inductive inference."--Keith Lehrer, Nous"Levi's book is an extremely interesting report on 'tentative and speculative first steps' toward a decision-theoretic approach to inductive inference....Professor Levi is to be congratulated on his ingenious development and application of this approach...."--Richard C. Jeffrey, The Journal of Philosophy. (shrink)

A person required to risk money on a remote digit of π would, in order to comply fully with the theory [of personal probability] have to compute that digit, though this would really be wasteful if the cost of computation were more than the prize involved. For the postulates of the theory imply that you should behave in accordance with the logical implications of all that you know. Is it possible to improve the theory in this respect, making allowance within (...) it for the cost of thinking, or would that entail paradox? (shrink)

Classic analysis of the subject and the development of personal probability; one of the greatest controversies in modern statistcal thought.

Professor Savage has been candid and generous in stating his interest in philosophy, and the philosophers who have heard him are surely grateful for this. His attitude is very far from that of some competent scientists and mathematicans who purport to clear up the questions which philosophers raise concerning their disciplines by means of a battery of technical results of varying relevance—a procedure which can often be appropriately described as “an abominable snow-job.” However, Professor Savage's generosity places a responsibility on (...) philosophers, since the questions he raises are difficult. (shrink)

Not since Ernest Nagel’s 1939 monograph on the theory of probability has there been a comprehensive elementary survey of the philosophical problems of probablity and induction. This is an authoritative and up-to-date treatment of the subject, and yet it is relatively brief and nontechnical. Hume’s skeptical arguments regarding the justification of induction are taken as a point of departure, and a variety of traditional and contemporary ways of dealing with this problem are considered. The author then sets forth his own (...) criteria of adequacy for interpretations of probability. Utilizing these criteria he analyzes contemporary theories of probability, as well as the older classical and subjective interpretations. (shrink)

One of Ian Hacking's earliest publications, this book showcases his early ideas on the central concepts and questions surrounding statistical reasoning. He explores the basic principles of statistical reasoning and tests them, both at a philosophical level and in terms of their practical consequences for statisticians. Presented in a fresh twenty-first-century series livery, and including a specially commissioned preface written by Jan-Willem Romeijn, illuminating its enduring importance and relevance to philosophical enquiry, Hacking's influential and original work has been revived for (...) a new generation of readers. (shrink)

We must restrict to mere probability not only statements of comparatively great uncertainty, like predictions about the weather, where we would cautiously ...