Published online by Cambridge University Press: 16 November 2023
This chapter examines areas of knowledge where the Romans displayed expertise and consciously sought to develop techniques and systems that enabled them to better understand and control future uncertainties. It begins by looking at architecture, military logistics and law, before moving on to aspects of financial management, such as maritime loans, interest rates and annuities; it then finishes by looking at the probabilistic thinking involved in the religious practices of oracle and dream interpretation. It argues that the ancients did not rely solely on religion to deal with uncertainty. The Romans thought systematically and creatively about many areas where future uncertainty could be assessed and managed. These approaches were not statistical but all show an awareness of a range of likelihoods and possibilities. The Romans did not have statistical models, nor had they worked out how to calculate probabilities, but they did develop a range of sophisticated ways of dealing with the many unknowns they faced.
To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.