Infinite lotteries, spinners, applicability of hyperreals

DOI10.1093/PHILMAT/NKAA032zbMATH Open1505.03145arXiv2008.11509OpenAlexW3140442155MaRDI QIDQ5067705FDOQ5067705

Authors: Emanuele Bottazzi, Mikhail G. Katz 

Publication date: 4 April 2022

Published in: Philosophia Mathematica (Search for Journal in Brave)

Abstract: We analyze recent criticisms of the use of hyperreal probabilities as expressed by Pruss, Easwaran, Parker, and Williamson. We show that the alleged arbitrariness of hyperreal fields can be avoided by working in the Kanovei-Shelah model or in saturated models. We argue that some of the objections to hyperreal probabilities arise from hidden biases that favor Archimedean models. We discuss the advantage of the hyperreals over transferless fields with infinitesimals. In the second part we will analyze two underdetermination theorems by Pruss and show that they hinge upon parasitic external hyperreal-valued measures, whereas internal hyperfinite measures are not underdetermined.

Full work available at URL: https://arxiv.org/abs/2008.11509

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Mathematics Subject Classification ID

Philosophy of mathematics (00A30) Axioms; other general questions in probability (60A05) Nonstandard models in mathematics (03H05) Other applications of nonstandard models (economics, physics, etc.) (03H10)

Cited In (2)

• Infinitesimals via Cauchy sequences: refining the classical equivalence
• Underdetermination of infinitesimal probabilities

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