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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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number
1045.
Length: Date of creation: May 1993 Date of revision: Handle: RePEc:nwu:cmsems:1045
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Itzhak Gilboa & David Schmeidler, 1992.
"Case-Based Decision Theory,"
Discussion Papers
994, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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