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I've been appreciating some people's practice of giving subjective probability estimates for various things depending on the strength of the evidence; see e.g.
by pjscott 5y ago
I've been appreciating some people's practice of giving subjective probability estimates for various things depending on the strength of the evidence; see e.g. the "Probability Updates" section of this article:
https://thezvi.wordpress.com/2021/12/16/omicron-post-7/#probability-updates https://thezvi.wordpress.com/2021/12/16/omicron-post-7/#prob...
Probably a well-functioning prediction market would do it better, though I'm not sure our prediction markets today are there yet.
- bostik 5y agoPrediction markets, or at least the decent and regulated ones, won't touch the plague. It's gambling, and taking bets on human misery is generally frowned upon as a business practice. You need insurance provider's license for that.