Economics Dictionary of Arguments

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Probability: Probability is a measure of how likely an event is to occur. It is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty. See also Knowledge, Certainty, Likelihood, Chance, Probability theory, Probability distribution, Probability functions.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

W. Poundstone on Probability - Dictionary of Arguments

I 68f
Probability/confirmation/Poundstone: E.g. a circus man is 99 feet tall. - That makes us unsure if a man cannot be 100 feet tall.
N.B.: if there is no way to detect irrelevant information the probability remains the same.
>Relevance
, >Knowledge, >Subjective probability, >Objective probability, >Certainty, >Projectability, >Information,
>Verification, >Verificationism.

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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Poundstone I
William Poundstone
Labyrinths of Reason, NY, 1988
German Edition:
Im Labyrinth des Denkens Hamburg 1995


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