Chapter 3. Exchangeability and Indifference

  1. Nozer D. Singpurwalla

Published Online: 19 NOV 2007

DOI: 10.1002/9780470060346.ch3

Reliability and Risk: A Bayesian Perspective

Reliability and Risk: A Bayesian Perspective

How to Cite

Singpurwalla, N. D. (2006) Exchangeability and Indifference, in Reliability and Risk: A Bayesian Perspective, John Wiley & Sons, Ltd, Chichester, UK. doi: 10.1002/9780470060346.ch3

Author Information

  1. The George Washington University, Washington DC, USA

Publication History

  1. Published Online: 19 NOV 2007
  2. Published Print: 4 AUG 2006

Book Series:

  1. Wiley Series in Probability and Statistics

Book Series Editors:

  1. Walter A. Shewhart and
  2. Samuel S. Wilks

ISBN Information

Print ISBN: 9780470855027

Online ISBN: 9780470060346



  • exchangeability and probability theory;
  • exchangeability and indifference;
  • exchangeability and de Finetti's theorem;
  • exchangeable sequences and law of large numbers;
  • infinite sequences of non-binary random quantities;
  • error bounds for finite sequences of random quantities;
  • de Finetti's theorem for zero-one exchangeable sequences


This chapter contains sections titled:

  • Introduction to Exchangeability: de Finetti's Theorem

  • de Finetti-style Theorems for Infinite Sequences of Non-binary Random Quantities

  • Error Bounds on de Finetti-style Results for Finite Sequences of Random Quantities