De Finetti’s Representation Theorem is among the most celebrated results in Bayesian statistics. As I mentioned in an earlier post, I have never really understood its significance. A host of excellent writers have all tried to explain why the result is so important [e.g., Lindley (2006, pp. 107-109), Diaconis & Skyrms (2018, pp. 122-125), and the various works by Zabell],…

This is the third and final post on the 1974 preface of Bruno de Finetti’s masterpiece “Theory of Probability”, which is missing from the reprint of the 1970 book. Below, the use of italics is always as in the original text.                         De Finetti’s Preface Continued [Annotated] “It would…

Here we continue our coverage of the 1974 preface of Bruno de Finetti’s masterpiece “Theory of Probability”, which is missing from the reprint of the 1970 book. Multiple posts are required to cover the entire preface. Below, the use of italics is always as in the original text.                       De…