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Abstract For many decades, statisticians have made attempts to prepare the Bayesian omelette without breaking the Bayesian eggs; that is, to obtain probabilistic likelihood-based inferences without relying on informative prior distributions. A recent example is Murray Aitkin´s recent book,...
Persistent link: https://www.econbiz.de/10014622233
The Search for Certainty was published in 2009 by Krzysztof Burdzy. It examines the "philosophical duopoly" of von Mises and de Finetti at the foundation of probability and statistics and find this duopoly missing. This review exposes the weakness of the arguments presented in the book, it...
Persistent link: https://www.econbiz.de/10010707172
The missionary zeal of many Bayesians of old has been matched, in the other direction, by an attitude among some theoreticians that Bayesian methods were absurd—not merely misguided but obviously wrong in principle. We consider several examples, beginning with Feller's classic text on...
Persistent link: https://www.econbiz.de/10011162134