Ceccarelli, Giovanni (Author)
Journal Electronique d'Histoire des Probabilités et de la Statistique
Volume: 3, no. 1
Issue: 1
Edition Details: http://www.jehps.net/Juin2007/Ceccarelli_Risk.pdf (Accessed on November 19, 2010). Part of a special issue, “Medieval Probabilities”
Language: English
The practice of marine insurance allowed late Medieval merchants to evaluate various of factors of risk involved in the sea trade, either structural or contingent, as can be shown through a detailed inquiry mainly based on the Datini archives in Prato. Although businessmen did not develop a notion of probability in a strict statistical sense, they made use of various levels of probabilistic reasoning, depending on the degree of uncertainty that they had to face.
...MoreArticle Meusnier, Norbert; Piron, Sylvain (2007) Medieval Probabilities: A Reappraisal. Journal Electronique d'Histoire des Probabilités et de la Statistique.
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