Subjectivism in decision science
A note on Bayesianism
Published in
22 min readAug 26, 2021
“In practical life, we are compelled to follow what is most probable; in speculative thought, we are compelled to follow truth.”
― Baruch Spinoza, The Letters
The Bayesian approach has become very trendy in modern statistics, it is widely used in research and even useful to boost the marketability of a thesis.