Yvain comments on How to come up with verbal probabilities - Less Wrong

24 Post author: jimmy 29 April 2009 08:35AM

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Comment author: Yvain 29 April 2009 10:12:40PM 5 points [-]

Agreed. I especially like technique 1. A related technique is to imagine you're going to be called on it. For example, if I predict there's a 90% chance the economic crisis will be over by 2011, I imagine that the second I say the estimate, Omega will come down from the sky and say whether it is or it isn't. Quite often I find that I'm worrying a bit more than 10% that Omega will announce that I was wrong.