Principled Chances

There are at least three core principles that define the chance role: (1) the Principal Principle, (2) the Basic Chance Principle, and (3) the Humean Principle. These principles seem mutually incompatible. At least, no extant account of chance meets more than one of them. I offer an account of chance which meets all three: L*-chance. So the good news is that L*-chance meets (1)–(3). The bad news is that L*-chance turns out unlawful and unstable. But perhaps this is not such bad news: L*-chance turns out to at least approximate plausible additional core principles concerning lawfulness and stability. And perhaps there is better news: one may treat ‘chance’ as vague, in a way that allows every core principle of chance to be met.