Arbeitspapier
On the existence of the true value of a probability. Part 1: Determinism versus aleatorism
Objetivist models are based on the deterministic hypothesis that postulates the existence of probability, which is cognoscible only in an asymptotic manner. On the other hand, subjectivist models consider the aleatoristic hypothesis according to which there is no truth about probability. However, both hypotheses may only be compared through stochastic models, which are not strictly falsifiable. Therefore, neither the hypothesis stating the existence of a true value regarding the probability of occurrence of an event nor de Finetti's postulate which sustains that probability does not exist are strictly verifiable.
- Language
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Englisch
- Bibliographic citation
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Series: Serie Documentos de Trabajo ; No. 457
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Landro, Alberto H.
- Event
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Veröffentlichung
- (who)
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Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
- (where)
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Buenos Aires
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Landro, Alberto H.
- Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
Time of origin
- 2011