In the longstanding foundational debate whether to require that probability is countably additive, in addition to being finitely additive, those who resist the added condition raise two …
Z Hellman, M Pinter - arXiv preprint arXiv:2401.13132, 2024 - arxiv.org
We consider finite information structures, and quest for the answer of the question: What is the proper definition of prior? In the single player setting we conclude that a probability …
In a fair finite lottery with n tickets, the probability assigned to each ticket winning is 1/n and no other answer. That is, 1/n is unique. Now, consider a fair lottery over the natural numbers …
In a fair finite lottery with n tickets, the probability assigned to each ticket winning is 1/n and no other answer. That is, 1/n is unique. Now, consider a fair lottery over the natural numbers …