Bayesian Bargains

We are often caught in dilemmas, uncertain about choosing between two courses of action, and sometimes suspicious that “the game is rigged” so that whatever choice we make will benefit a behind-the-scenes controller. One interesting way of exploring this question is to formulate simple idealized situations, which can be taken as analogies to some of the real-world complexities in our lives, and analyze them with the Bayesian model of deliberation. Here is my article about “not missing out.”

Bayesian Bargains: Jail, Shopping, Debt, And Voting