(Book Review) Frank Ramsey’s Contributions to Probability Theory and Legal Theory
16 Pages Posted: 24 Apr 2020 Last revised: 14 Jul 2020
Date Written: March 30, 2020
The English polymath Frank Ramsey was one of the first scholars to paint a subjective picture of probability, but how and when did he make this discovery? Among other things, Cheryl Misak’s beautiful biography of Ramsey explores this remarkable terrain, which we review in part one of this paper. In addition, this review will explore the significance of Ramsey’s contributions to law and legal theory. Building on my previous work, I will present a Ramsian method of judicial voting as well as a simple Ramsian model of litigation in part two of this paper.
Keywords: degrees of belief, litigation, subjective probability, Thomas Bayes, Cheryl Misak, Frank Ramsey
JEL Classification: B29, B31, C11, K41
Suggested Citation: Suggested Citation