Monthly Archives: December 2011

De Finetti’s conjecture: First broken, then fixed; but nobody noticed, Part 1

Bruno de Finetti was an Italian statistician and probability theorist who contributed mightily to the Twentieth Century revival of Bayesian methods in statistics. One of his achievements was a gambling semantics for probability which explained Laplace’s observation that probability seemed to measure a person’s “degrees of belief” about uncertain prospects.

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Filed under Inference and choice