Discovery Projects - Grant ID: DP0774343

Funding Activity

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Funded Activity Summary

The Mathematical and Philosophical Foundations of Probability. We find probability wherever we find uncertainty: virtually everywhere in our lives. Probability is essential to almost every technology. High-stakes decisions are routinely made on the basis of probability judgments and risk assessment-for example, in engineering, medicine, agriculture, environmental management, urban planning, public policy, public health, the law, and in our national defence. And some of those decisions have been made badly because of poor probability estimates-witness the 1986 space shuttle disaster. Our current methodologies for using probability are inadequate. This project will make an important contribution to the collective enterprise of enhancing our understanding of probability and its myriad applications.

Funded Activity Details

Start Date: 01-07-2007

End Date: 31-12-2013

Funding Scheme: Discovery Projects

Funding Amount: $160,000.00

Funder: Australian Research Council