the symmetry of our evidential situation. If our confidence is best modeled by a standard probability function this means that we are to distribute our subjective probability or credence sharply and evenly over possibilities among which our evidence does not discriminate. Once thought to be the central principle of probabilistic reasoning by great..

Proponents of Bayesian confirmation theory believe that they have the solution to a significant, recalcitrant problem in philosophy of science. It is the identification of the logic that governs evidence and its inductive bearing in science. That is the logic that lets us say that our catalog of planetary observations strongly confirms Copernicus’ heliocentric hypothesis; or that the fossil record is good evidence for the theory of evolution; or that the 3oK cosmic background radiation supports big bang cosmology. The definitive (...) solution to this problem would be a significant achievement. The problem is of central importance to philosophy of science, for, in the end, what distinguishes science from myth making is that we have good evidence for the content of science, or at least of mature sciences, whereas myths are evidentially ungrounded fictions. The core ideas shared by all versions of Bayesian confirmation theory are, at a good first approximation, that a scientist’s beliefs are or should conform to a probability measure; and that the incorporation of new evidence is through conditionalization using Bayes’ theorem. While the burden of this chapter will be to inventory why critics believe this theory may not be the solution after all, it is worthwhile first to summarize here the most appealing virtues of this simple account. There are three. First, the theory reduces the often nebulous notion of a logic of.. (shrink)

Uncertainty plays an important role in The General Theory, particularly in the theory of interest rates. Keynes did not provide a theory of uncertainty, but he did make some enlightening remarks about the direction he thought such a theory should take. I argue that some modern innovations in the theory of probability allow us to build a theory which captures these Keynesian insights. If this is the right theory, however, uncertainty cannot carry its weight in Keynes’s arguments. This does not (...) mean that the conclusions of these arguments are necessarily mistaken; in their best formulation they may succeed with merely an appeal to risk. (shrink)

This chapter explores the topic of imprecise probabilities as it relates to model validation. IP is a family of formal methods that aim to provide a better representationRepresentation of severe uncertainty than is possible with standard probabilistic methods. Among the methods discussed here are using sets of probabilities to represent uncertainty, and using functions that do not satisfy the additvity property. We discuss the basics of IP, some examples of IP in computer simulation contexts, possible interpretations of the IP framework (...) and some conceptual problems for the approach. We conclude with a discussion of IP in the context of model validation. (shrink)

the symmetry of our evidential situation. If our confidence is best modeled by a standard probability function this means that we are to distribute our subjective probability or credence sharply and evenly over possibilities among which our evidence does not discriminate. Once thought to be the central principle of probabilistic reasoning by great..

It has been argued recently that dogmatism in epistemology is incompatible with Bayesianism. That is, it has been argued that dogmatism cannot be modelled using traditional techniques for Bayesian modelling. I argue that our response to this should not be to throw out dogmatism, but to develop better modelling techniques. I sketch a model for formal learning in which an agent can discover a posteriori fundamental epistemic connections. In this model, there is no formal objection to dogmatism.

This paper surveys and critically assesses existing theories of evidence with respect to four desiderata. A good theory of evidence should be both a theory of evidential support (i.e., be informative about what kinds of facts speak in favour of a hypothesis), and of warrant (i.e., be informative about how strongly a given set of facts speaks in favour of the hypothesis), it should apply to the non-ideal cases in which scientists typically find themselves, and it should be ‘descriptively adequate’, (...) i.e., able to adequately represent typical episodes of evidentiary reasoning. The theories surveyed here—Bayesianism, hypotheticodeductivism,satisfaction theories, error statistics as well as Achinstein’s and Cartwright’s theories—are all found wanting in important respects. I finally argue that a deficiency all these theories have in common is a neglect or underplaying of the epistemic context in which the episode of evidentiary reasoning takes place.Este artículo describe y valora críticamente diversas teorías de la evidencia en relación a cuatro desiderata. Una buena teoría de la evidencia debería ser tanto una teoría sobre el apoyo evidencial [evidential support] (ser informativa sobre qué tipos de hechos hablan a favor de la hipótesis) como sobre la justificación [warrant]; debería aplicarse en las situaciones no ideales en las que normalmente se encuentran los científicos; y debería ser ‘descriptivamente adecuada’, esto es, capaz de representar correctamente episodios típicos de razonamiento evidencial. Las teorías aquí revisadas—bayesianismo, hipotético-deductivismo, teorías de la satisfacibilidad, la estadística del error, así como las propuestas de Achinstein y Cartwright—se consideran deficientes en aspectos básicos. Argumentaré que un defecto común en todas ellas es que olvidan, o minusvaloran, el contexto epistémico en el que el episodio de razonamiento evidencial tiene lugar. (shrink)

Popper's paradox of ideal evidence has long been viewed as a telling criticism of Keynes's logical theory of probability and its associated concept of the weight of argument. This paper shows that a simple addition to Keynes's definitions of irrelevance enables his theory to elude the paradox with ease. The modified definition draws on ideas already present in Keynes's Treatise on Probability (1973). As a consequence, relevant evidence and the weight of argument may increase, even when new evidence leaves the (...) probability unaltered. (shrink)