Pardon a second comment (I hope that’s not bad etiquette)
Well, if they’re right after each other you can always use the “edit” button to add to your original comment.
I’m going to stick with this terminology just because I like it—it won’t be important later. Also, I blame Sniffoy, for calling his post “A Summary of Savage’s Foundations for Probability and Utility.” :P
I claim that I do cover why Dutch books do provide a foundation to some extent, but I agree that Savage’s theorem is a better way to base probability upon decision-making.
Well, if they’re right after each other you can always use the “edit” button to add to your original comment.
I’m going to stick with this terminology just because I like it—it won’t be important later. Also, I blame Sniffoy, for calling his post “A Summary of Savage’s Foundations for Probability and Utility.” :P
I claim that I do cover why Dutch books do provide a foundation to some extent, but I agree that Savage’s theorem is a better way to base probability upon decision-making.