Finite linear qualitative probability
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Abstract Many years ago, Bruno de Finetti asked whether certain axioms for a comparative probability ordering relation ≻ on the subsets of an n -element set that are necessary for the existence of an order-preserving probability measure are also sufficient. This was answered in the negative for n ⩾5 by Kraft, Pratt, and Seidenberg [ Annals of Mathematical Statistics 30 (1959), 408–419]. The present paper extends their analysis of comparative probabilities that satisfy de Finetti's axioms but lack order-preserving measures when it is assumed also that ≻ is a linear order. We refer to a linear order on the subsets of {1, 2, …, n } that satisfies de Finetti's axioms as an LQP (linear qualitative probability), and say that it is an NLQP (nonrepresentable LQP) if it has no order-preserving probability measure. The paper characterizes all NLQPs for n =5, shows that every n ⩾5 has an NLQP that violates the simplest extension of de Finetti's additivity axiom yet has an order-preserving measure on the family of subsets of every ( n −1)-element set, and proves that as n →∞ there is no upper bound on the number of ≻ comparisons needed to verify the nonexistence of an order-preserving measure. Special examples for small n illustrate other facets of NLQPs, including the necessity of considering multiplicities of an ≻ comparison in testing whether an LQP has an order-preserving measure.