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In Defence of Objective Bayesianism$
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Jon Williamson

Print publication date: 2010

Print ISBN-13: 9780199228003

Published to Oxford Scholarship Online: September 2010

DOI: 10.1093/acprof:oso/9780199228003.001.0001

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Motivation

Motivation

Chapter:
(p.31) 3 Motivation
Source:
In Defence of Objective Bayesianism
Author(s):

Jon Williamson (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199228003.003.0003

In §2.3, objective Bayesianism was characterized by appealing to the norms of Probability, Calibration and Equivocation. This chapter encounters some of the motivation behind this characterization. We see that each norm can be justified by showing that the norm must hold if degrees of belief are to do what we require of them. The betting interpretation of belief is introduced, in §3.1., 3.2 explains the standard betting justification of the Probability Sect.3.3.discusses the formulation of the Calibration norm and presents its justification in terms of long‐run bets §.3.4 presents a justification of the Equivocation norm that appeals to considerations of caution. Finally, §3.5 argues that these epistemological norms are not some voluntary code of conduct but are forced upon us by the uses to which the strengths of our beliefs are put.

Keywords:   probability, calibration, equivocation, betting interpretation, Dutch book

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