Eugine_Nier comments on Rival formalizations of a decision problem - Less Wrong

1 Post author: lukeprog 27 October 2011 02:03AM

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Comment author: Eugine_Nier 27 October 2011 04:38:09AM 6 points [-]

This problem is similar to the bead jar guess problem. Essentially the problem is where priors come from and it doesn't have a general solution within the context of Bayesianism. Bayes can tell you how to update your priors, but not what your initial priors should be.