Sorry for being cursory, by “No” I meant to reply to the question in your comment “Isn’t this post an elaborate way of saying that today’s posteriors are tomorrow’s priors?” ⇒ “No, I don’t think that’s the point of the post”. I separately think that yes, today’s posteriors are tomorrow’s priors.
Sorry for being cursory, by “No” I meant to reply to the question in your comment “Isn’t this post an elaborate way of saying that today’s posteriors are tomorrow’s priors?” ⇒ “No, I don’t think that’s the point of the post”. I separately think that yes, today’s posteriors are tomorrow’s priors.