But it is—you’re answering the question “what is the probability that this box will pay out next time”, and “what is the probability that my probability assignment was correct?”
There is something-like-correctness in that, given the evidence available to you, there is a correct way to update your prior. That is strictly not a fact about your posterior, but I think it’s a legitimate thing to talk about in terms of ‘correctness’.
But it is—you’re answering the question “what is the probability that this box will pay out next time”, and “what is the probability that my probability assignment was correct?”
What does it mean for a probability assignment to be correct, as opposed to well-calibrated? Reality is or is not.
I mostly meant well calibrated, but...
There is something-like-correctness in that, given the evidence available to you, there is a correct way to update your prior. That is strictly not a fact about your posterior, but I think it’s a legitimate thing to talk about in terms of ‘correctness’.