Bayesian Resolution of the .Exchange Paradox.

Authors
Christensen, Ronald Utts, Jessica
Citation
Christensen, Ronald et Utts, Jessica, Bayesian Resolution of the .Exchange Paradox., American statistician , 46(4), 1992, pp. 274-276
Journal title
American statistician → ACNP
ISSN journal
00031305
Volume
46
Issue
4
Year of publication
1992
Pages
274 - 276
Database
ACNP
SICI code
Abstract
In this article we present a paradox that can be used to illustrate Bayesian principles in the classroom.The paradox is also resolved using a frequentist argument and illustrates how the misapplication of a symmetry argument causes problems.