Why would anyone use a prior so strong that when presented with data, they would be unable to learn from it. In that case, if your prior is that strong, did you really have any intention of attempting to learn from new data?
Barkley,
I think that the concept of a prior deserves more attention as the strength of your current beliefs in the face of new evidence.
Presumably, if you have a subjective prior, you brought some "prior" experience or knowledge to the problem.... so philosphically, where does the original prior come from, and if it comes fro... (read more)
Why would anyone use a prior so strong that when presented with data, they would be unable to learn from it. In that case, if your prior is that strong, did you really have any intention of attempting to learn from new data?
Barkley,
I think that the concept of a prior deserves more attention as the strength of your current beliefs in the face of new evidence.
Presumably, if you have a subjective prior, you brought some "prior" experience or knowledge to the problem.... so philosphically, where does the original prior come from, and if it comes fro... (read more)