Jon Williamson
- Published in print:
- 2017
- Published Online:
- March 2017
- ISBN:
- 9780199666478
- eISBN:
- 9780191749292
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199666478.003.0009
- Subject:
- Mathematics, Logic / Computer Science / Mathematical Philosophy
Chapter 9 presents a formal justification of the objective Bayesian approach. The norms of objective Bayesianism are justified on the grounds that they must hold if one is to avoid certain avoidable ...
More
Chapter 9 presents a formal justification of the objective Bayesian approach. The norms of objective Bayesianism are justified on the grounds that they must hold if one is to avoid certain avoidable losses. In particular, they must hold if one is to avoid avoidable sure loss and worst-case expected loss. This line of justification is shown to be robust with respect to various ways in which the underlying assumptions might be relaxed.Less
Chapter 9 presents a formal justification of the objective Bayesian approach. The norms of objective Bayesianism are justified on the grounds that they must hold if one is to avoid certain avoidable losses. In particular, they must hold if one is to avoid avoidable sure loss and worst-case expected loss. This line of justification is shown to be robust with respect to various ways in which the underlying assumptions might be relaxed.
