Leeds (1990) levels an objection against the criterion of rational choice I have proposed (Levi 1997, Ch. 6; 1980; 1986), pointing out that the criterion is sensitive to the way possible consequences are partitioned. Seidenfeld, Kadane and Schervish (1989) call into question the defense of the cross product rule by appeal to Pareto Unanimity Principles that I had invoked in my 1986. I offer clarifications of my proposals showing that the difference between my views and those of my critics concerns (...) the extent to which full belief, probabilistic belief, and value judgment are separable. (shrink)

In “Truth and Probability” Ramsey claimed that the logic of consistency for probability is not a logic of truth. After supporting this claim, he proceeded to explore the possibilities for a logic of truth for probability. An examination of Ramsey's intent reveals that Ramsey was far from being an orthodox Bayesian when it comes to statistical reasoning. The relations between Ramsey's thought and the ideas of Keynes and Peirce are discussed.