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Although Ramsey's and de Finetti's accounts endowed an agent's probabilities with a purely subjective status they knew that, for from rendering those quantities scientifically valueless, the condition of consistency combined with the rule of conditionalization supports a powerful new epistemology called Bayesian epistemology. Its scientific appeal lies principally in two features: (i) so-called Bayesian networks are not only extremely powerful diagnostic tools but also provide the formal basis o
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But the point is one of probability: we all have a lifetime’s experience of the laws of nature not being broken, and we also have a lifetime’s experience of people saying things that are not true. If someone says, “I saw a dead man come back to life,” most of us would consider it more likely that that someone is wrong, or lying, than that they actually saw a dead man come back to life. So, says Hume, we should ignore that testimony as irrelevant.
But Price, newly armed with Bayes’ theorem, wante
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