Abstract

A principle endorsed by many theories of objective chance, and practically forced on us by the standard interpretation of the Kolmogorov semantics for chance, is the principle that when a proposition P has a chance, any proposition Q that is necessarily equivalent to P will have the same chance as P. Call this principle SUB (for the substitution of necessary equivalents into chance ascriptions). I will present some problems for a theory of chance, and will argue that the best way to resolve these problems is to reject SUB, and similar principles e.g. for the chances of outcomes or the chances of events. Objective chance, it turns out, carves things more finely than necessary equivalence does.