Stuart_Armstrong comments on When the uncertainty about the model is higher than the uncertainty in the model - Less Wrong

19 Post author: Stuart_Armstrong 28 November 2014 06:12PM

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Comment author: Stuart_Armstrong 04 December 2014 12:27:11PM 0 points [-]

I'm not implicitly assuming it - the market models were the ones explicitly assuming it.

Comment author: Larks 05 December 2014 01:08:21AM 1 point [-]

Up to this point in the post you haven't mentioned any models. If you give a probability without first mentioning a model for it to be relative to, the implication is that you are endorsing the implicit model. But this is just nit-picking.

More importantly, there are many models used by people in the market. Plenty of people use far more sophisticated models. You can't just say "the market models" without qualification or citation.