02337cam a22002658i 4500
137747
ISI Library, Kolkata
20170713131132.0
161006s2017 enk b 001 0 eng c
9781119286370
ISI Library
519.2
23
D313
De Finetti, Bruno,
author
Theory of probability :
a critical introductory treatment /
Bruno De Finetti ; [translated by] Antonio Machi and Adrian Smith.
Chichester :
John Wiley & Sons,
©2017.
xiii, 582 pages :
illustrations ;
25 cm.
Wiley series in probability and statistics
Includes bibliographical references and index.
1. Introduction --
2. Concerning certainty and uncertainty --
3. Prevision and probability --
4. Conditional prevision and probability --
5. The evaluation of probabilities --
6. Distributions --
7. A preliminary survey --
8. Random processes with independent increments --
9. An introduction to other types of stochastic process --
10. Problems in higher dimensions --
11. Inductive reasoning; statistical inference --
12. Mathematical statistics.
First issued in translation as a two-volume work in 1975, this classic book provides the first complete development of the theory of probability from a subjectivist viewpoint. It proceeds from a detailed discussion of the philosophical mathematical aspects to a detailed mathematical treatment of probability and statistics. De Finetti's theory of probability is one of the foundations of Bayesian theory. De Finetti stated that probability is nothing but a subjective analysis of the likelihood that something will happen and that that probability does not exist outside the mind. It is the rate at which a person is willing to bet on something happening. This view is directly opposed to the classicist/ frequentist view of the likelihood of a particular outcome of an event, which assumes that the same event could be identically repeated many times over, and the 'probability' of a particular outcome has to do with the fraction of the time that outcome results from the repeated trials.
Probabilities.
Machì, Antonio,
translator
Smith, Adrian,
translator
ddc
BK
423768
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