[ExI] Bayesian epistemology

[Russell Wallace]

On 8/6/07, Technotranscendence <neptune at superlink.net> wrote:
> I think the problem matches up with the difference, in economics,
> between risk and uncertainty (Knight) as well as between plain vanilla
> ignorance and sheer ignorance (Lachmann).  On the former dyad, risk is
> quantifiable unknowns while uncertainty is not quantifiable.  On the
> latter, an example might be I don't know how many symphonies Mozart
> wrote, but I _know_ I don't know that, while there are many things I'm
> not even aware that I _don't know_ I don't know.

*nods* That's certainly an aspect of the reason why a single number
isn't sufficient to express uncertainty.