I was wondering a while ago whether Bayesianism says anything about how much my probabilities are “allowed” to oscillate around—I was noticing that my probability of doom was often moving by 5% in the span of 1-3 weeks, though I guess this was mainly due to logical uncertainty and not empirical uncertainty.
Since there are 10 5% steps between 50% and 0 or 1, and for ~10 years, I should expect to make these kinds of updates ~100 times, or 10 times a year, or a little bit less than once a month, right? So I’m currently updating “too much”.
Thank you a lot! Strong upvoted.
I was wondering a while ago whether Bayesianism says anything about how much my probabilities are “allowed” to oscillate around—I was noticing that my probability of doom was often moving by 5% in the span of 1-3 weeks, though I guess this was mainly due to logical uncertainty and not empirical uncertainty.
Since there are 10 5% steps between 50% and 0 or 1, and for ~10 years, I should expect to make these kinds of updates ~100 times, or 10 times a year, or a little bit less than once a month, right? So I’m currently updating “too much”.