mitechka comments on Bead Jar Guesses - Less Wrong
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Comments (127)
Well, I suppose you do have information inasmuch as you know what colors are. But if your probability for red is .5, on the basis of knowing that it's a color alone, then you have to have the same probabilities for blue and yellow and green and brown and so forth if Omega asks for those too, and you can be Dutch booked like crazy.
I think I would agree partially with both of you. If I assume that there is no information at all .5 is a good choice. Once a bead of any color is pulled out, I can start making guesses on a potential number of beads in the jar from the relative volumes of the jar and the bead, so if I know that there is a finite number of potential colors, I might take a guess as to what the probability of any particular color distribution is. Once a red bead is pulled, I might adjust probability that Omega is not screwing with me etc.