Bruno de Finetti (1906-1985) is the founder of the subjective interpretation of probability, together with the British philosopher Frank Plumpton Ramsey. His related notion of "exchangeability" revolutionized the statistical methodology. This book (based on a course held in 1979) explains in a language accessible also to non-mathematicians the fundamental tenets and implications of subjectivism, according to which the probability of any well specified fact F refers to the degree of belief actually held by someone, on the ground of her whole knowledge, on the truth of the assertion that F obtains.
Philosophical Lectures on Probability contains the transcription of a series of lectures held by Bruno de Finetti (one of the fathers of subjective Bayesianism) and collected by the editor Alberto Mura at the Institute for Advanced Mathematics in Rome in 1979. The book offers a live in-context outlook on de Finetti's later philosophy of probability. On several points de Finetti's remarks revise widespread interpretations of his thought and reveal to be topical in the light of recent developments.
The book is enriched by an essay of Maria Carla Galavotti, introducing de Finetti's philosophy of probability as well as biographical essential information. Moreover, it contains more than 180 editor's notes, aimed at helping the reader to properly appreciate de Finetti's thought and its impact on recent philosophical developments about probability.
Philosophical Lectures on Probability is addressed to a wide-ranging audience, including epistemologists, philosophers of science, social scientists, statisticians, economists, historians of mathematics and statistics and, in general, to everyone is interested in subjective Bayesianism and related philosophical problems. The technical prerequisites of the book do not exceed high school mathematics. This does not, however, prevent an elevated standard from the conceptual viewpoint.
From the reviews:
"The belated publication of de Finetti's lectures provides a welcome opportunity to celebrate the achievements of one of the remarkable thinkers of the last century and also to look again at his work as a whole." N.H. Bingham, Imperial College London
"The editor made an extraordinary effort to put the lectures as well as the discussions into proper context through a set of notes. These are very useful, and they often describe the future evolution of a subject which is touched on in the main text. A biographical sketch of de Finetti written by M. C. Gallavotti completes the information given in the book. ? I am grateful to the editor ? for making these lectures available in English to a broader audience." (Enrico Scalas, Mathematical Reviews, Issue 2012 f)