Okay, point conceded … that still doesn’t generate a result that matches the intuition I had. I need to spend more time on this to figure out what assumptions I’m relying on to claim that “extremely wrong beliefs force quick updates”.
Okay, point conceded … that still doesn’t generate a result that matches the intuition I had. I need to spend more time on this to figure out what assumptions I’m relying on to claim that “extremely wrong beliefs force quick updates”.