@Meaningness In Bayes' defense, I think it's a good tool for analyzing certain important classes of policy questions.
@St_Rev Are any of them ones in which your priors are not based on extensive data?
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@Meaningness Nope! Thinking of tradeoff problems like the value of airport security. Well-framed enough to have type I and II errors. -
@St_Rev So, arithmetic without metaphysics. Which is great but doesn't deserve a cult. - 1 more reply
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@Meaningness You'd think the class would be so unusual and trivial to solve that nobody would have trouble, but: Homeland Security.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Meaningness Also seem to be applications in building/validating big-data models in e.g. insurance, but I haven't investigated that much.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Meaningness Typically in big casualty insurance you have tons of data but it's still sparse compared to the input variables.Thanks. Twitter will use this to make your timeline better. UndoUndo
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