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First issued in translation as a two-volume work in 1975, this classic book provides the first complete development of the theory of probability from a subjectivist viewpoint. It proceeds from a detailed discussion of the philosophical mathematical aspects to a detailed mathematical treatment of probability and statistics.
De Finetti's theory of probability is one of the foundations of Bayesian theory. De Finetti stated that probability is nothing but a subjective analysis of the likelihood that something will happen and that that probability does not exist outside the mind. It is the rate at which a person is willing to bet on something happening. This view is directly opposed to the classicist/ frequentist view of the likelihood of a particular outcome of an event, which assumes that the same event could be identically repeated many times over, and the 'probability' of a particular outcome has to do with the fraction of the time that outcome results from the repeated trials.
Produkteigenschaften
- Artikelnummer: 9781119286370
- Medium: Buch
- ISBN: 978-1-119-28637-0
- Verlag: Wiley
- Erscheinungstermin: 17.04.2017
- Sprache(n): Englisch
- Auflage: 1. Auflage 2017
- Serie: Wiley Series in Probability and Statistics
- Produktform: Gebunden
- Gewicht: 1052 g
- Seiten: 608
- Format (B x H x T): 179 x 252 x 35 mm
- Ausgabetyp: Kein, Unbekannt