Dutch book theorems
In decision theory, economics, and probability theory, the Dutch book arguments are a set of results showing that agents must satisfy the axioms of rational choice to avoid a kind of self-contradiction called a Dutch book. A Dutch book or money pump is a set of bets that ensures a guaranteed loss, i.e. the gambler will lose money no matter what happens. A set of beliefs and preferences is called coherent if it cannot result in a Dutch book.
Dutch book arguments - Wikipedia Jump to content From Wikipedia, the free encyclopedia (Redirected from Dutch book theorems ) Thought experiment, to justify Bayesian probability This article is about the term in probability theory. For books written in the Dutch language, see Dutch literature . This article may need to be rewritten to comply with Wikipedia's quality standards . Relevant discussion may be found on the talk page . You can help . The talk page may contain suggestions. ( July 2024 ) Part of a series on Bayesian statistics Posterior = Likelihood × Prior ÷ Evidence Background Bayesi
related reading
- Dutch Book Arguments - 1000-Word Philosophy: An Introductory Anthology1000wordphilosophy.com
- 17 Dutch Books | Odds & Endsjonathanweisberg.org
- Anthropic and Decision-Theoretical Dutch Booksmkodama.org
- Pascal's mugging - Wikipediaen.wikipedia.org
- Superrationality - Wikipediaen.wikipedia.org
- Dollar auction - Wikipediaen.wikipedia.org
- Sleeping Beauty problem - Wikipediaen.wikipedia.org
- Interpretations of Probability (Stanford Encyclopedia of Philosophy)plato.stanford.edu
- History of the Term Dutch Bookpersonal.eur.nl
- 8 Bayes’ Theorem | Odds & Endsjonathanweisberg.org
- Economics Dictionary of Argumentsphilosophy-science-humanities-controversies.com
- Bayesian Mindsetcold-takes.com