One thing this wouldn't take into account is strength or weight of evidence. If Tim knew that all of the listeners had far more information than him, and thus probably could produce better estimates of X, then it seems strange for Tim to tell them that the chances are 20%.

I guess my claim that saying “There is a 20% probability that X will occur” is more similar to: "I'm quite confident that the chances are 20%, and you should generally be too" than it is to, "I personally believe that the chances are 20%, but have no idea o how much that should update the rest of you."

ozziegooen's Shortform

by ozziegooen 31st Aug 2019127 comments