English

On Individual Risk

Applications 2020-04-28 v1 Statistics Theory Statistics Theory

Abstract

We survey a variety of possible explications of the term "Individual Risk." These in turn are based on a variety of interpretations of "Probability," including Classical, Enumerative, Frequency, Formal, Metaphysical, Personal, Propensity, Chance and Logical conceptions of Probability, which we review and compare. We distinguish between "groupist" and "individualist" understandings of Probability, and explore both "group to individual" (G2i) and "individual to group" (i2G) approaches to characterising Individual Risk. Although in the end that concept remains subtle and elusive, some pragmatic suggestions for progress are made.

Cite

@article{arxiv.1406.5540,
  title  = {On Individual Risk},
  author = {A. Philip Dawid},
  journal= {arXiv preprint arXiv:1406.5540},
  year   = {2020}
}

Comments

31 pages

R2 v1 2026-06-22T04:43:46.229Z