Probabilism—the doctrine that ideally rational degrees of belief conform to the calculus of probabilities—is habitually defended by citing Dutch-book and accuracy-dominance arguments. Yet these arguments rely on premises that are not plausibly necessary truths. I argue that the premises in question can be understood as fixing a convention. Relaxing these premises leads to alternative calculi which—under permissive though not universal assumptions—are intertranslatable with the probability calcul…
Read moreProbabilism—the doctrine that ideally rational degrees of belief conform to the calculus of probabilities—is habitually defended by citing Dutch-book and accuracy-dominance arguments. Yet these arguments rely on premises that are not plausibly necessary truths. I argue that the premises in question can be understood as fixing a convention. Relaxing these premises leads to alternative calculi which—under permissive though not universal assumptions—are intertranslatable with the probability calculus. This applies to Dutch-book and accuracy-dominance arguments alike; a mathematical correspondence is shown to hold between them.
