Bayesian probability is an interpretation of the concept of probability, in which, instead of frequency or propensity of some phenomenon, probability is interpreted as reasonable expectation representing a state of knowledge or as quantification of a personal belief.
Epistemology, or the theory of knowledge, is the branch of philosophy concerned with knowledge. Epistemology is considered a major subfield of philosophy, along with other major subfields such as ethics, logic, and metaphysics.
The word probability has been used in a variety of ways since it was first applied to the mathematical study of games of chance. Does probability measure the real, physical, tendency of something to occur, or is it a measure of how strongly one believes it will occur, or does it draw on both these elements? In answering such questions, mathematicians interpret the probability values of probability theory.
Bayesian inference is a method of statistical inference in which Bayes' theorem is used to update the probability for a hypothesis as more evidence or information becomes available. Bayesian inference is an important technique in statistics, and especially in mathematical statistics. Bayesian updating is particularly important in the dynamic analysis of a sequence of data. Bayesian inference has found application in a wide range of activities, including science, engineering, philosophy, medicine, sport, and law. In the philosophy of decision theory, Bayesian inference is closely related to subjective probability, often called "Bayesian probability".
Deductive reasoning is the mental process of drawing deductive inferences. An inference is deductively valid if its conclusion follows logically from its premises, i.e. if it is impossible for the premises to be true and the conclusion to be false. For example, the inference from the premises "all men are mortal" and "Socrates is a man" to the conclusion "Socrates is mortal" is deductively valid. An argument is sound if it is valid and all its premises are true. Some theorists define deduction in terms of the intentions of the author: they have to intend for the premises to offer deductive support to the conclusion. With the help of this modification, it is possible to distinguish valid from invalid deductive reasoning: it is invalid if the author's belief about the deductive support is false, but even invalid deductive reasoning is a form of deductive reasoning.
Inferences are steps in reasoning, moving from premises to logical consequences; etymologically, the word infer means to "carry forward". Inference is theoretically traditionally divided into deduction and induction, a distinction that in Europe dates at least to Aristotle. Deduction is inference deriving logical conclusions from premises known or assumed to be true, with the laws of valid inference being studied in logic. Induction is inference from particular evidence to a universal conclusion. A third type of inference is sometimes distinguished, notably by Charles Sanders Peirce, contradistinguishing abduction from induction.
Inductive reasoning is a method of reasoning in which a general principle is derived from a body of observations. It consists of making broad generalizations based on specific observations. Inductive reasoning is distinct from deductive reasoning. If the premises are correct, the conclusion of a deductive argument is certain; in contrast, the truth of the conclusion of an inductive argument is probable, based upon the evidence given.
Computational epistemology is a subdiscipline of formal epistemology that studies the intrinsic complexity of inductive problems for ideal and computationally bounded agents. In short, computational epistemology is to induction what recursion theory is to deduction.
In philosophical logic, defeasible reasoning is a kind of reasoning that is rationally compelling, though not deductively valid. It usually occurs when a rule is given, but there may be specific exceptions to the rule, or subclasses that are subject to a different rule. Defeasibility is found in literatures that are concerned with argument and the process of argument, or heuristic reasoning.
Probabilistic logic involves the use of probability and logic to deal with uncertain situations. Probabilistic logic extends traditional logic truth tables with probabilistic expressions. A difficulty of probabilistic logics is their tendency to multiply the computational complexities of their probabilistic and logical components. Other difficulties include the possibility of counter-intuitive results, such as in case of belief fusion in Dempster–Shafer theory. Source trust and epistemic uncertainty about the probabilities they provide, such as defined in subjective logic, are additional elements to consider. The need to deal with a broad variety of contexts and issues has led to many different proposals.
The lottery paradox arises from Henry E. Kyburg Jr. considering a fair 1,000-ticket lottery that has exactly one winning ticket. If that much is known about the execution of the lottery, it is then rational to accept that some ticket will win.
Epistemology or theory of knowledge is the branch of philosophy concerned with the nature and scope (limitations) of knowledge. It addresses the questions "What is knowledge?", "How is knowledge acquired?", "What do people know?", "How do we know what we know?", and "Why do we know what we know?". Much of the debate in this field has focused on analyzing the nature of knowledge and how it relates to similar notions such as truth, belief, and justification. It also deals with the means of production of knowledge, as well as skepticism about different knowledge claims.
Gregory Wheeler is an American logician, philosopher, and computer scientist, who specializes in formal epistemology. Much of his work has focused on imprecise probability. He is currently Professor of Philosophy and Computer Science at the Frankfurt School of Finance and Management, and has held positions at LMU Munich, Carnegie Mellon University, the Max Planck Institute for Human Development in Berlin, and the New University of Lisbon. He is a member of the PROGIC steering committee, the editorial boards of Synthese, and Minds and Machines, and was the editor-in-chief of Minds and Machines from 2011 to 2016. In 2019 he co-founded Exaloan AG, a financial technology company based in Frankfurt. He obtained a Ph.D. in philosophy and computer science from the University of Rochester under Henry Kyburg.
The psychology of reasoning is the study of how people reason, often broadly defined as the process of drawing conclusions to inform how people solve problems and make decisions. It overlaps with psychology, philosophy, linguistics, cognitive science, artificial intelligence, logic, and probability theory.
John L. Pollock (1940–2009) was an American philosopher known for influential work in epistemology, philosophical logic, cognitive science, and artificial intelligence.
Clark N. Glymour is the Alumni University Professor Emeritus in the Department of Philosophy at Carnegie Mellon University. He is also a senior research scientist at the Florida Institute for Human and Machine Cognition.
Timothy Joel McGrew is a professor of philosophy at Western Michigan University, and the chair of the department of philosophy there. His research interests include epistemology, the history and philosophy of science, and the philosophy of religion. He is a specialist in the philosophical applications of probability theory.
Bayesian epistemology is a formal approach to various topics in epistemology that has its roots in Thomas Bayes' work in the field of probability theory. One advantage of its formal method in contrast to traditional epistemology is that its concepts and theorems can be defined with a high degree of precision. It is based on the idea that beliefs can be interpreted as subjective probabilities. As such, they are subject to the laws of probability theory, which act as the norms of rationality. These norms can be divided into static constraints, governing the rationality of beliefs at any moment, and dynamic constraints, governing how rational agents should change their beliefs upon receiving new evidence. The most characteristic Bayesian expression of these principles is found in the form of Dutch books, which illustrate irrationality in agents through a series of bets that lead to a loss for the agent no matter which of the probabilistic events occurs. Bayesians have applied these fundamental principles to various epistemological topics but Bayesianism does not cover all topics of traditional epistemology. The problem of confirmation in the philosophy of science, for example, can be approached through the Bayesian principle of conditionalization by holding that a piece of evidence confirms a theory if it raises the likelihood that this theory is true. Various proposals have been made to define the concept of coherence in terms of probability, usually in the sense that two propositions cohere if the probability of their conjunction is higher than if they were neutrally related to each other. The Bayesian approach has also been fruitful in the field of social epistemology, for example, concerning the problem of testimony or the problem of group belief. Bayesianism still faces various theoretical objections that have not been fully solved.
Intuitive statistics, or folk statistics, refers to the cognitive phenomenon where organisms use data to make generalizations and predictions about the world. This can be a small amount of sample data or training instances, which in turn contribute to inductive inferences about either population-level properties, future data, or both. Inferences can involve revising hypotheses, or beliefs, in light of probabilistic data that inform and motivate future predictions. The informal tendency for cognitive animals to intuitively generate statistical inferences, when formalized with certain axioms of probability theory, constitutes statistics as an academic discipline.
