Bayesianism—its Scope and Limits
Bayesianism—its Scope and Limits
This chapter discusses the scope and limits of Bayesianism. The first topics discussed are the math and philosophy embedded in Bayesianism and the standard objection to Bayesianism. The concept of likelihood in Bayesianism is examined, and a problem of the best-case strategy of dealing with nuisance parameters is studied. Finally, the main weakness of strong Bayesianism is identified.
Keywords: scope and limits, Bayesianism, math and philosophy, standard objection, likelihood, best-case strategy, nuisance parameters, weakness, strong Bayesianism
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