Do you agree with the premises I have used in the discussion of Dutch books and VNM-utility so far? There it is basically “a decision precess that we actually care about must have the following properties” and that’s it. I did skim over inferring probabilities from Dutch books and VNM axiom 3 and there may be some hidden premises in the former.
Do you agree with the premises I have used in the discussion of Dutch books and VNM-utility so far?
I don’t think so. You said we have to assign probabilities to avoid getting Dutch Booked. I want an example of that. I got an example where probabilities weren’t mentioned, which did not convince me they were needed.
Do you agree with the premises I have used in the discussion of Dutch books and VNM-utility so far? There it is basically “a decision precess that we actually care about must have the following properties” and that’s it. I did skim over inferring probabilities from Dutch books and VNM axiom 3 and there may be some hidden premises in the former.
I don’t think so. You said we have to assign probabilities to avoid getting Dutch Booked. I want an example of that. I got an example where probabilities weren’t mentioned, which did not convince me they were needed.