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priors
noun
Plural of prior
Exact(60)
It's a conclusion that confirmed many priors, which probably explains much of its success.
It's not a very prescriptive working theory, unless your priors lead you to believe that the solution to any given problem is decentralisation of power.All of which is to say that it's all well and good to argue that legislators and regulators aren't going to have enough knowledge to regulate and legislate, and should therefore be stripped of some of their powers.
IN A post titled "Voting with your feet", Greg Mankiw quotes evidence that confirms his priors:[Population] growth tends to be stronger where taxes are lower.
It could also explain why the book has been greeted with such erotic intensity: It meets the need for a work of deep research and scholarly respectability which affirms that inequality, as Cassidy remarked, is "a defining issue of our era .It seems to me that Mr Crook has revealed more about his own priors than those of Mr Piketty's fans.
Sometimes, those "priors" can be from the distant past.
Positivism is among the least harmful of "priors" (please can we banish prior as a noun after this post? It is as noxious as using "parent" as a verb or "gendered" as an adjective).
But the constraints that matter consist, to a remarkable extent, of the impressions and priors of rooms full of powerful men.
F. The problem of the priors.
A purely syntactic specification of the priors should assign all of these hypotheses the same prior probability.
Among evidentially equivalent hypotheses the ratio of their posterior probabilities equals the ratio of their priors: Pα[hj | b·cn·en] / Pα[hi | b·cn·en] = Pα[hj | b] / Pα[hi | b].
When combined with the ratio of likelihoods, this ratio of priors suffices to yield an assessment of the ratio of posterior plausibilities, Pα[hj | b·cn·en] / Pα[hi | b·cn·en].
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com