Eventology versus contemporary theories of uncertainty
Abstract
The development of probability theory together with the Bayesian approach in the three last centuries is caused by two factors: the variability of the physical phenomena and partial ignorance about them. As now it is standard to believe [Dubois, 2007], the nature of these key factors is so various, that their descriptions are required special uncertainty theories, which differ from the probability theory and the Bayesian credo, and provide a better account of the various facets of uncertainty by putting together probabilistic and set-valued representations of information to catch a distinction between variability and ignorance. Eventology [Vorobyev, 2007], a new direction of probability theory and philosophy, offers the original event approach to the description of variability and ignorance, entering an agent, together with his/her beliefs, directly in the frameworks of scientific research in the form of eventological distribution of his/her own events. This allows eventology, by putting together probabilistic and set-event representation of information and philosophical concept of event as co-being [Bakhtin, 1920], to provide a unified strong account of various aspects of uncertainty catching distinction between variability and ignorance and opening an opportunity to define imprecise probability as a probability of imprecise event in the mathematical frameworks of Kolmogorov's probability theory [Kolmogorov, 1933].Download Info
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13961.Length:
Date of creation: 15 Feb 2009
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Handle: RePEc:pra:mprapa:13961
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Keywords: uncertainty; probability; event; co-being; eventology; imprecise event;Find related papers by JEL classification:
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-03-14 (All new papers)
- NEP-HPE-2009-03-14 (History & Philosophy of Economics)
References
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Levine's Working Paper Archive
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