Definition, Meaning & Synonyms

probabilism

noun
/ˌprɒb.əˈbɪl.ɪ.zəm/
Definition
Probabilism is a philosophical theory that suggests that it is reasonable to act on the basis of probable outcomes, rather than certain knowledge.
Examples
  • In ethics, probabilism can guide decisions when faced with moral dilemmas where certainty is lacking.
  • Probabilism is often used in risk assessment and statistics to make informed choices.
Meaning
In essence, probabilism acknowledges uncertainty and allows for decision-making based on likelihoods rather than certainties.
Synonyms
  • Likelihood theory
  • Chance theory