Dynamics of Inductive Inference in a Unified Framework
Itzhak Gilboa, Larry Samuelson, David Schmeidler · 2015
Abstract This chapter presents a formal model that captures both case‐based and rule‐based reasoning. The model is general enough to describe Bayesian reasoning, which may be viewed as an extreme example of rule‐based reasoning. It suggests conditions under which Bayesian reasoning will give way to other modes of reasoning, and alternative conditions under which the opposite conclusion holds. It discusses how probabilistic reasoning may emerge periodically, with other modes of reasoning used between the regimes of different probabilistic models.