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3 Subjective Probability
3 Subjective probability
IgorKopylov

Personalistic views hold that probability measures the confidence that a particular individual has in the truth of a particular proposition.

—Savage (1972, p. 3)
Introduction

Historically, the term probability has been associated with a number of different concepts. The standard mathematical definition due to Kolmogorov (1933/1950) identifies probability with a countably ...

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