In this work, we propose a new bounded arithmetic theory, denoted $\mathbf{APX}_1$, designed to formalize a broad class of probabilistic arguments commonly used in theoretical computer science. Under plausible assumptions, $\mathbf{APX}_1$ is strictly weaker than previously proposed frameworks, such as the theory $\mathbf{APC}_1$ introduced in the seminal work of Je?ábek (2007). From a computational standpoint, $\mathbf{APX}_1$ is closely tied to approximate counting and to the central question in derandomization, the $\mathbf{prBPP}$ versus $\mathbf{prP}$ problem, whereas $\mathbf{APC}_1$ is linked to the dual weak pigeonhole principle and to the existence of Boolean functions with exponential circuit complexity.
A key motivation for introducing $\mathbf{APX}_1$ is that its weaker axioms expose finer proof-theoretic structure, making it a natural setting for several lines of research, including unprovability of complexity conjectures and reverse mathematics of randomized lower bounds. In particular, the framework we develop for $\mathbf{APX}_1$ enables the formulation of precise questions concerning the provability of $\mathbf{prBPP} = \mathbf{prP}$ in deterministic feasible mathematics. Since the (un)provability of $\mathbf{P}$ versus $\mathbf{NP}$ in bounded arithmetic has long served as a central theme in the field, we expect this line of investigation to be of particular interest.
Our technical contributions include developing a comprehensive foundation for probabilistic reasoning from weaker axioms, formalizing non-trivial results from theoretical computer science in $\mathbf{APX}_1$, and establishing a tailored witnessing theorem for its provably total $\mathbf{TFNP}$ problems. As a byproduct of our analysis of the minimal proof-theoretic strength required to formalize statements arising in theoretical computer science, we resolve an open problem regarding the provability of $\mathbf{AC}^0$ lower bounds in $\mathbf{PV}_1$, which was considered in earlier works by Razborov (1995), Krají?ek (1995), and Müller and Pich (2020).