Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/84279
Authors: 
Landro, Alberto H.
Year of Publication: 
2011
Series/Report no.: 
Serie Documentos de Trabajo, Universidad del CEMA: Área: matemática 458
Abstract: 
Some authors, basing their ideas on the exchangeability property, on the postulates of the representation theorem and on its interpretation in the ambit of ergodic theory, believed to find a counterexample to the subjectivist model through the theoretical justification of the existence of an objective probability. As a proof of the inconsistency of this reasoning, the representation theorem allows to assert that the convergence of the relative frequency on a true value of the probability is only a metaphysical illusion motivated by an asymptotic behaviour of the personal assessments of initial probabilities, leading to intersubjective assignment. With regard to the ergodic theory, its assimilation to the propensity model allows the demonstration of its metaphysical character and the resulting subjectivity in the assignment of probabilities.
Document Type: 
Working Paper

Files in This Item:
File
Size
207.41 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.