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A REJOINDER TO CROVELLI’S “THE COURTIERS OF CONFUSION”

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dc.contributor.author Wysocki, Igor
dc.contributor.author Block, Walter
dc.date.accessioned 2023-03-22T07:45:18Z
dc.date.available 2023-03-22T07:45:18Z
dc.date.issued 2022-11-25
dc.identifier.citation Revista Procesos de Mercado vol. vol. 19 (2), 2022, pp. 373-388.
dc.identifier.uri http://repozytorium.umk.pl/handle/item/6844
dc.description This research was funded in whole or in part by the National Science Centre, Poland, grant number 2020/39/B/HS5/00610. For the purpose of Open Access, the author has applied a CC-BY public copyright licence to any Author Accepted Manuscript (AAM) version arising from this submission.
dc.description.abstract This paper is a response to Crovelli’s rejoinder to our original critique of his objection to Ludwig von Mises’ supposedly misguided adoption of frequentism. First, we demonstrate the unimportance of Crovelli’s favoured distinction between the probability and method for generating probabilities. Further on, we show that on some reading of “subjectivism” his claim that determinism necessitates embracing the subjective definition of probability is simply trivial. After clearing up these misconceptions, we state what we believe are two real points of disagreements between us and Crovelli. Specifically, we argue — contra Crovelli — that (1) determinism does not require construing probabilities as degrees of beliefs and that (2) frequentism is compatible with both the deterministic and the indeterministic worldview. Finally, we enumerate some additional challenges Crovelli left unaddressed and which, we believe, his theory would be powerless to address in any case.
dc.description.sponsorship Narodowe Centrum Nauki nr grantu: 2020/39/B/HS5/00610
dc.language.iso eng
dc.publisher Unión Editorial; Universidad Rey Juan Carlos de Madrid
dc.rights Attribution 3.0 Poland
dc.rights.uri http://creativecommons.org/licenses/by/3.0/pl/
dc.subject probability
dc.subject Austrian economics
dc.subject subjectivism
dc.subject determinism
dc.subject frequentism
dc.title A REJOINDER TO CROVELLI’S “THE COURTIERS OF CONFUSION”
dc.type info:eu-repo/semantics/article
dc.contributor.supervisor Dominiak, Łukasz


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Attribution 3.0 Poland Ta pozycja jest udostępniona na licencji Attribution 3.0 Poland