▲ | bjackman 10 days ago | |
I think it's quite rare that the most important beliefs you should derive from the news can be justified by a collection of absolute statements. I think you'd be better served by a tool for calculating chains of Bayesian reasoning. I've seen a tool that does this for numerical estimations. | ||
▲ | lblume 10 days ago | parent [-] | |
Correct. The only way to not subject oneself to (economic) irrationality is to model your beliefs about the world using probabilities and using Bayes to update in light of new evidence. |