Updating Probabilities

Physics – Data Analysis – Statistics and Probability

Scientific paper

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Presented at MaxEnt 2006, the 26th International Workshop on Bayesian Inference and Maximum Entropy Methods (July 8-13, 2006,

Scientific paper

10.1063/1.2423258

We show that Skilling's method of induction leads to a unique general theory of inductive inference, the method of Maximum relative Entropy (ME). The main tool for updating probabilities is the logarithmic relative entropy; other entropies such as those of Renyi or Tsallis are ruled out. We also show that Bayes updating is a special case of ME updating and thus, that the two are completely compatible.

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