How To Apply The Principle Of Total Evidence

Abstract: The answer is the likelihood principle.

This will review the state of the art, and say why it’s so important.

Every philosopher knows the Principle of Total Evidence, usually associated with Carnap, which says that one should not ignore information.

“A principle which seems generally recognized,[footnote 10: Keynes, op. cit.[J.M.Keynes, \cite[p.138—139]Carnap:1947

“Bernoulli’s maxim,[footnote 1: \cite[.313]Keynes:1921

The likelihood principle is a version of this applicable to statistical inference. It says (roughly) that when one has a sample of data, one should take that sample fully into account when making inferences about hypotheses. And yet, because of the popularity of evaluating methods of inference on their long-run behaviour, the likelihood principle is frequently broken.

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