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9. “All Probabilistic Methods Assume a Subjective Definition of Probability”

Abstract: In previous publications on probability, I have followed I.J. Good in arguing that probability must be defined subjectively if we accept that the world is causally deterministic. In this article I go significantly beyond this position, arguing that we are forced to accept a subjective definition of probability if we use any probabilistic methods at all. In other words, all probabilistic methods tacitly assume a subjective definition of probability.

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June 26, 2012, By Stephan Kinsella (Editor) Filed Under: Libertarian Papers, Volume 4 (2012)

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