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Re-reading Jevons's Principles of Science - Induction Redux

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  • K. Vela Velupillai

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    Abstract

    In this paper I try to substantiate the thesis that Jevons may have been too harsh on the vices of induction and generously optimistic about the virtues of deduction, as discussed, primarily, in his magnum opus, The Principles of Science [6]. With this aim in mind the paper attempts to suggest (modern), recursion theoretic, theoretical technologies that could reduce and, under conditions that I claim would be acceptable to Jevons, even eliminate the inductive indeterminacies that he had emphasised.

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    File URL: http://www.unitn.it/files/29_07_vela.pdf
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    Bibliographic Info

    Paper provided by Department of Economics, University of Trento, Italia in its series Department of Economics Working Papers with number 0729.

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    Date of creation: 2007
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    Handle: RePEc:trn:utwpde:0729

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    Keywords: Jevons; Inductiion; Inductive Inference; Bayes's Rule;

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    1. Francesco Luna, 1993. "From the History of Astronomy to the Wealth of Nations: Wonderful Wheels and Invisible Hands in Adam Smith's Major Works," UCLA Economics Working Papers 691, UCLA Department of Economics.
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