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Betting on Theories (Hardcover, New)
Loot Price: R3,203
Discovery Miles 32 030
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Betting on Theories (Hardcover, New)
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 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 vexed issues as verisimilitude
and scientific realism.
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