The Objects of Probabilities

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Probabilities impact almost every aspect of our lives. Actuaries calculate probabilities of property loss due to bushfires, while climatologists warn that such probabilities will increase alarmingly. Probabilities abound in engineering, medicine, the law, the sciences and social sciences, and much philosophy. Yet we lack a proper understanding of the kinds of things that receive probabilities: the objects of probabilities. This project will provide such understanding. It will rethink the foundations of probability and decision theory, with potential ramifications for the philosophy, science, and public policy that are based on these theories. It thus aims to strengthen Australia's research profile and international standing in these areas.