## Artifical Intelligence – Dutch Books

September 10, 2009 Leave a comment

## Dutch Books

In the previous post we talked about probability theory, and talked about agents having a probability distribution to represent their degrees of belief. We also talked about the axioms K1 and K2, that is:

K1 – If a is always true, then p(a) = 1.

K2 – If a AND b are never true at the same time, then the probability of a OR b being true is p(a) + p(b).

These axioms become more important when we talk about the idea of a ‘dutch book’.