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    Framing probability assignments via betting introduces pr... — Carmelics
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    Challenges→Beliefs about statistical hypotheses are not properly framed by connecting them to behavior via betting.

    Framing probability assignments via betting introduces pragmatic considerations (concerned with navigating the world successfully) into beliefs.

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    Belief is by itself more concerned with being a truthful representation of the w...Beliefs about statistical hypotheses are not properly framed by connecting them ...

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    There are several problems with this interpretation of the probability assignment over hypotheses. For one, it seems to make little sense to bet on the truth of a statistical hypothesis, because such hypotheses cannot be falsified or verified. Consequently, a betting contract on them will never be cashed. More generally, it is not clear that beliefs about statistical hypotheses are properly framed by connecting them to behavior in this way. It has been argued (e.g., Armendt 1993) that this way

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