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Hempel, Good and Bayes

Author

Listed:
  • Itzhak Gilboa

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.

Suggested Citation

  • Itzhak Gilboa, 1993. "Hempel, Good and Bayes," Discussion Papers 1045, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    • Handle: RePEc:nwu:cmsems:1045
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    File URL: http://www.kellogg.northwestern.edu/research/math/papers/1045.pdf
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    References listed on IDEAS

    as
    1. Itzhak Gilboa & David Schmeidler, 1995. "Case-Based Decision Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 605-639.
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    Cited by:

    1. E. Aragones & I. Gilboa & A. Postlewaite & D. Schmeidler, 2003. "Accuracy vs. Simplicity: A Complex Trade-Off," Levine's Working Paper Archive 506439000000000185, David K. Levine.
    2. Karni, Edi, 2006. "Subjective expected utility theory without states of the world," Journal of Mathematical Economics, Elsevier, vol. 42(3), pages 325-342, June.

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