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Yes, this is real and it can be done rigorously. The big problem is, "How do we come up with reasonable priors?" It is still a minority position.
by dietrichepp 11y ago
Yes, this is real and it can be done rigorously. The big problem is, "How do we come up with reasonable priors?"
It is still a minority position.
- guscost 11y ago> The big problem is, "How do we come up with reasonable priors?" Predictably, as a hardcore supporter of Popper's version, I don't think this problem will be solved.
- eli_gottlieb 11y agoEmpirical Bayes methods (in which the priors come from observed sample data) are a thing.