How superior would the universal prior be to this? I confess I can’t do the math.
A lot, but it is not (particularly) quantifiable. Allowing H to be an unknown constant rather than 0.5 allows for many more possible algorithms, but it is only an iterative step towards ‘allow any algorithm’. That, in turn, is not as good as ‘allow any algorithm but with a prior distribution based on complexity’.
A lot, but it is not (particularly) quantifiable. Allowing H to be an unknown constant rather than 0.5 allows for many more possible algorithms, but it is only an iterative step towards ‘allow any algorithm’. That, in turn, is not as good as ‘allow any algorithm but with a prior distribution based on complexity’.