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Dale
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This is where we disagree. I think that B is not consistent with the description.PeterDonis said:My point was that both A and B are consistent with the description of the scenario as given in the Wikipedia article linked to in the OP of this thread;
This is not a personal definition of mine, this is the standard definition. Credence is used as a synonym of subjective probability. Operationally, when a person is asked for their credence for X they are being asked for the betting odds at which they would be indifferent to a wager for X (then changed from odds form into probability form). Your scenario B is not a wager for X, it is a wager for X and Y.PeterDonis said:I understand that this is how you are defining "credence". I am just pointing out that this is a definition.
I think that you are introducing a personal definition here. Credence is used to determine if a person will accept or reject an offered wager at a given price. The confusion here only comes because you want to offer a different wager.PeterDonis said:I don't think "credence", or probability for that matter, is an intrinsic property. It depends on what purpose you are going to use it for.
I recognize that, but you are claiming that the problem is insufficiently specified, and your justification for that is to use a nonstandard meaning for credence and show that with your non standard meaning of credence multiple outcomes are possible.PeterDonis said:But that, in itself, is an argument about what words should mean,
If the Sleeping Beauty problem were posed as part of a homework assignment then part of the assignment would be to test the student's understanding of the standard meaning of the important terms in the problem. A student giving an answer of 1/2 would be wrong, even if the reason they are wrong is because they misunderstood the meaning of credence.