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Betting on Theories (Paperback)
Loot Price: R1,196
Discovery Miles 11 960
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Betting on Theories (Paperback)
Series: Cambridge Studies in Probability, Induction and Decision Theory
Expected to ship within 12 - 17 working days
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This book is a major new contribution to decision theory, focusing
on the question of when it is rational to accept scientific
theories. The author examines both Bayesian decision theory and
confirmation theory, refining and elaborating the views of Ramsey
and Savage. He argues that the most solid foundation for
confirmation theory is to be found in decision theory, and he
provides a decision-theoretic derivation of principles for how many
probabilities should be revised over time. Professor Maher defines
a notion of accepting a hypothesis, and then shows that it is not
reducible to probability and that it is needed to deal with some
important questions in the philosophy of science. A Bayesian
decision-theoretic account of rational acceptance is provided
together with a proof of the foundations for this theory. A final
chapter shows how this account can be used to cast light on such
vexing issues as verisimilitude and scientific realism.
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