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Is everyone Bayes? On the testable implications of Bayesian Fundamentalism

Speekenbrink, M; Shanks, DR; (2011) Is everyone Bayes? On the testable implications of Bayesian Fundamentalism. Behavioral and Brain Sciences , 34 (4) 213 - 214. 10.1017/S0140525X11000409. Green open access

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Abstract

A central claim of Jones & Love's (J&L's) article is that Bayesian Fundamentalism is empirically unconstrained. Unless constraints are placed on prior beliefs, likelihood, and utility functions, all behaviour - it is proposed - is consistent with Bayesian rationality. Although such claims are commonplace, their basis is rarely justified. We fill this gap by sketching a proof, and we discuss possible solutions that would make Bayesian approaches empirically interesting.

Type: Article
Title: Is everyone Bayes? On the testable implications of Bayesian Fundamentalism
Open access status: An open access version is available from UCL Discovery
DOI: 10.1017/S0140525X11000409
Publisher version: http://dx.doi.org/10.1017/S0140525X11000409
Language: English
Additional information: Copyright © Cambridge University Press 2011
Keywords: Expected utility-theory
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > Div of Psychology and Lang Sciences
UCL > Provost and Vice Provost Offices > School of Life and Medical Sciences > Faculty of Brain Sciences > Div of Psychology and Lang Sciences > Experimental Psychology
URI: https://discovery.ucl.ac.uk/id/eprint/1318890
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