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Hempel, Good and Bayes

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Itzhak Gilboa

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Abstract

This paper analyzes some decision/belief paradoxes from a Bayesian viewpoint, focusing on Hempel's "paradox of confirmation" and Good's variation of it. It is shown that a straightforward Bayesian analysis revolves the paradoxes discussed. These exampmles are used to support the view tha twhat the Bayesian paradigm does best is to provide a coherent and intuitive representation of belief.

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/1045.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1045.

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Date of creation: May 1993
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Handle: RePEc:nwu:cmsems:1045

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Itzhak Gilboa & David Schmeidler, 1992. "Case-Based Decision Theory," Discussion Papers 994, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. E. Aragones & I. Gilboa & A. Postlewaite & D. Schmeidler, 2003. "Accuracy vs. Simplicity: A Complex Trade-Off," Levine's Bibliography 506439000000000185, UCLA Department of Economics. [Downloadable!]
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  2. Edi Karni, 2005. "Subjective Expected Utility Theory without States of the World," Economics Working Paper Archive 523, The Johns Hopkins University,Department of Economics. [Downloadable!]
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This page was last updated on 2009-11-25.


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