Will_Sawin comments on Dutch Books and Decision Theory: An Introduction to a Long Conversation - Less Wrong

19 Post author: Jack 21 December 2010 04:55AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (100)

You are viewing a single comment's thread. Show more comments above.

Comment author: Will_Sawin 21 December 2010 05:00:21PM 3 points [-]

The relevant point is that, in real life, computation requirements can keep you from calculating the exact Bayesian probability, which will lead to dutch-booking if an agent with enough computing power has a good model of the approximation you're using.