New Semantics for Bayesian Inference: The Interpretive Problem and Its Solutions

Abstract

Scientists often study hypotheses that they know to be false. This creates an interpretive problem for Bayesians because the probability assigned to a hypothesis is typically interpreted as the probability that the hypothesis is true. I argue that solving the interpretive problem requires coming up with a new semantics for Bayesian inference. I present and contrast two new semantic frameworks, and I argue that both of them support the claim that there is pervasive pragmatic encroachment on whether a given Bayesian probability assignment is rational.