which presupposes the use of the mathematical expectation.” (1926, §3).
Ramsey defined a proposition
P
to be ethically neutral if, holding all other aspects
of the world constant, the individual is indifferent between its truth or falsity.
The individual is said to have a “degree of belief 1/2” in such a proposition if the
prospects
are indifferent for all values α and β. Ramsey’s main assumptions are:
1.There exists at least one ethically neutral proposition with degree of belief 1/2
2. If
P
and
Q
are both ethically ...
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