Thanks! I completely agree that “reject bets offered to you by humans” is a decent heuristic that humans seem to use. I also agree that bet-stigma is a large part of the reason people feel they need something other than Bayesianism (which treats every choice as a bet about which available action is best). These points (and others) are covered in the next post.
In this post, I’m addressing the argument that there are rational preferences that the Bayesian framework cannot, in principle, capture. This addresses a more general concern as to whether Bayesianism captures the intuitive ideal of ‘rationality’. Here I’m claiming that, at least, the MMEU rule is no counter-example. The next post will contain my true rejection of the MMEU rule in particular.
Thanks! I completely agree that “reject bets offered to you by humans” is a decent heuristic that humans seem to use. I also agree that bet-stigma is a large part of the reason people feel they need something other than Bayesianism (which treats every choice as a bet about which available action is best). These points (and others) are covered in the next post.
In this post, I’m addressing the argument that there are rational preferences that the Bayesian framework cannot, in principle, capture. This addresses a more general concern as to whether Bayesianism captures the intuitive ideal of ‘rationality’. Here I’m claiming that, at least, the MMEU rule is no counter-example. The next post will contain my true rejection of the MMEU rule in particular.