Barkley Rosser, it’s a strong assumption in principle, but in practice, humans seem to be pretty good at obtaining enough information to put in the model such that the posterior does in fact converge to some point in the parameter space.
Barkley Rosser, it’s a strong assumption in principle, but in practice, humans seem to be pretty good at obtaining enough information to put in the model such that the posterior does in fact converge to some point in the parameter space.