Abstract
In Chapter II it was noted that Carnap’s Rule of Maximizing Estimated Utility may be used as a measure of acceptability in virtually any sense of this difficult term. By including different kinds of considerations with different amounts of importance in the determination of utility values, the scope of application of the rule tends to be exhaustive. As a matter of fact, which Carnap has himself emphasized, the rule he recommends as a normative principle is very old. It was invented by Daniel Bernoulli and modified by Thomas Bayes. Hence, it is sometimes referred to as Bernoulli’s rule and sometimes as Baye’s rule, and, in the present case, as the Bernoulli-Bayes rule.
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Notes
I. Levi, “On the seriousness of mistakes,” Philosophy of Science, 29 (1962), pp. 47–242.
Compare R. M. Chisholm, “Lewis’ ethics of belief,” The Philosophy of C. I. Lewis, ed. P. A. Schilpp, LaSalle, Illinois: Open Court Press, 1968), p. 223–242.
C. G. Hempel, “Deductive-nomological versus statistical explanation,” Minnesota Studies in the Philosophy of Science, Vol. III, ed. H. Feigl and G. Maxwell (Minneapolis: University of Minnesota Press, 1962), p. 156.
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© 1971 Martinus Nijhoff, The Hague, Netherlands
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Michalos, A.C. (1971). Cost-Benefit Versus Expected Utility Acceptance Rules. In: The Popper-Carnap Controversy. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-3048-9_9
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DOI: https://doi.org/10.1007/978-94-010-3048-9_9
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