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An Analysis of Jerzy Neyman’s Imaginary, Non Existent , Principle of Indifference, Urn Ball Example supposedly taken from J M Keynes’s A Treatise on Probability(1921)

Scholedge International Journal of Management & Development

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Title An Analysis of Jerzy Neyman’s Imaginary, Non Existent , Principle of Indifference, Urn Ball Example supposedly taken from J M Keynes’s A Treatise on Probability(1921)
 
Creator Brady, Michael Emmett; Lecturer, College of Business Administration and Public Policy, Department of Operations Management, California State University, Dominguez Hills, Carson, California
 
Subject Economics
Economic theory, Jerzy Neyman, Principle of Indifference
Economic Review
 
Description Jerzy Neyman analyzed an imaginary, non existent, Urn ball problem that he thought was taken from J M Keynes’s A Treatise on Probability in his Lectures and Conferences on Mathematical Statistics and Probability (1952). Neyman apparently never read the book for himself. He apparently relied on some, other, unknown source to provide him with the problem that he thought came from J M Keynes’s A Treatise on Probability.The problem can be analyzed based on an “as if” approach to discover if Neyman realized that Keynes’s Principle of Indifference is a substantially different technique from Laplace’s concoction that, when applied, will lead to substantially different answers from those obtained by the use of Laplace’s Principle of Non –Sufficient Knowledge.
 
Publisher Scholedge R&D Center
 
Contributor
 
Date 2016-11-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.thescholedge.org/index.php/sijmd/article/view/342
10.19085/journal.sijmd031001
 
Source Scholedge International Journal of Management & Development ISSN 2394-3378; Vol 3, No 10 (2016); 176-184
2394-3378
 
Language eng
 
Relation http://www.thescholedge.org/index.php/sijmd/article/view/342/421
 
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Rights Copyright (c) 2016 Scholedge International Journal of Management & Development ISSN 2394-3378
http://creativecommons.org/licenses/by-nc/4.0