Belief of religious thought, "belief-that" instead belonged to epistemological considerations. To "believe in" someone or something is a distinct concept from "believing-that." There are at least these types of belief-in: Economic beliefs are beliefs which are reasonably and necessarily contrary to the tenet of rational choice or instrumental rationality. Studies of the Austrian tradition of the economic thought, in the context of analysis of the influence and subsequent degree of change resulting from existing economic knowledge and belief, has contributed the most to the subsequent holistic collective analysis. Insofar as the truth of belief is expressed in sentential and propositional form
Principle of indifference Principle of indifference The principle of indifference (also called principle of insufficient reason) is a rule for assigning epistemic probabilities. Suppose that there are "n" > 1 mutually exclusive and collectively exhaustive possibilities. The principle of indifference states that if the "n" possibilities are indistinguishable except for their names, then each possibility should be assigned a probability equal to 1/"n". In Bayesian probability, this is the simplest non-informative prior. The principle of indifference is meaningless under the frequency interpretation of probability, in which probabilities are relative frequencies rather than degrees of belief in uncertain propositions, conditional upon state information. The