erratim comments on How much does consumption affect production? - Less Wrong

4 Post author: erratim 05 January 2015 03:51PM

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Comment author: erratim 09 January 2015 10:18:31PM 1 point [-]

OK so you have no prior for large cases, you have no prior about the relationship between large cases and small cases, and your guess for small cases is "zero impact".

My prior for large cases is 1:1 impact, my prior is that the impact in large cases is proportionally similar to the impact in small cases, and therefore my prior for small cases is 1:1 impact.

Comment author: Lumifer 10 January 2015 03:34:05AM 0 points [-]

Let's be clear about distinguishing between the map and the territory. To what do your priors apply?