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| Why Are These Axioms |
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| Reasonable? |
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| • | de
Finetti’s betting argument: Put your money |
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| where
your beliefs are. |
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| • | If
agent 1 has a set of beliefs inconsistent with the |
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| axioms
of probability, then there exists a betting |
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| strategy
for agent 2 that guarantees that agent 1 |
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| will
lose money. |
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| • | practical
results have made an even more |
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| persuasive
arguments (e.g. Pathfinder medical |
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| diagnosis) |
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