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

Hennig Genz on Probability - Dictionary of Arguments

II 61
Negative probability/Weinberg/Genz: negative probability is absurd. That is controversial(1).
II 266ff
Probability/micro-state/Gas/Genz: it is so unlikely that all molecules will come together in the left half of the container and leave the right half empty that it will not occur in world ages. This is a physical "never" or "always", not a mathematical one.
>Physics
, >Mathematics, >Entropy, >Second Law of Thermodynamics.


1) See: http://www.wissenschaft.de/technik-kommunikation/physik/-/journal_content/56/12054/1196196/Negative-Wahrscheinlichkeiten-der-Quantenmechanik-experimentell-best%C3%A4tigt/
(03.0.4.2023).

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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.

Gz I
H. Genz
Gedankenexperimente Weinheim 1999

Gz II
Henning Genz
Wie die Naturgesetze Wirklichkeit schaffen. Über Physik und Realität München 2002


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