The one that initially leapt out at me was what I’ll call Pascal’s Goldpan. Granted, a human trying to understand the world and using the Goldpan would likely settle on largely the same theories as a human using the Razor since simple theories have practical advantages for our limited mental resources.
It doesn’t require much mental effort to postulate the hypothesis “I will certainly become a millionaire tomorrow” and its expected utility is pretty high if I happen to believe it. Usefulness is a good criterion for directing future research, but I can’t imagine its sensible use in assigning priors to already stated hypotheses.
It doesn’t require much mental effort to postulate the hypothesis “I will certainly become a millionaire tomorrow” and its expected utility is pretty high if I happen to believe it. Usefulness is a good criterion for directing future research, but I can’t imagine its sensible use in assigning priors to already stated hypotheses.