IDEAS home Printed from https://ideas.repec.org/a/ake/repba1/y2010i7-8p221-245.html
   My bibliography  Save this article

On the existence of the true value of a probability

Author

Listed:
  • Landro, Alberto

    (Universidad de Buenos Aires, Facultad de Ciencias Económicas, Centro de Investigaciones en Econometría)

Abstract

Objectivist 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.

Suggested Citation

  • Landro, Alberto, 2010. "On the existence of the true value of a probability," Revista de Economía Política de Buenos Aires, Universidad de Buenos Aires. Facultad de Ciencias Económicas., issue 7-8, pages 221-245, December.
    • Handle: RePEc:ake:repba1:y:2010:i:7-8:p:221-245
    as

    Download full text from publisher

    File URL: http://ojs.econ.uba.ar/index.php/REPBA/article/view/258/464
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    probability;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ake:repba1:y:2010:i:7-8:p:221-245. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: IIEP UBA-CONICET (email available below). General contact details of provider: https://edirc.repec.org/data/feubaar.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.