scmbradley comments on Dutch Books and Decision Theory: An Introduction to a Long Conversation - Less Wrong

19 Post author: Jack 21 December 2010 04:55AM

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Comment author: scmbradley 17 January 2012 05:33:14PM -1 points [-]

This seems to be orthogonal to the current argument. The Dutch book argument says that your will-to-wager fair betting prices for dollar stakes had better conform to the axioms of probability. Cox's theorem says that your real-valued logic of plausible inference had better conform to the axioms of probability. So you need the extra step of saying that your betting behaviour should match up with your logic of plausible inference before the arguments support each other.