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Elliott Sober (Wisconsin): The Philosophical Significance of Stein’s Paradox

8 April 2015, 5:30 pm7:00 pm

Charles Stein discovered a paradox in 1955 that many statisticians think is of fundamental importance.  Here we explore its philosophical implications.  We outline the nature of Stein’s result and of subsequent work on shrinkage estimators; then we describe how these results are related to Bayesianism and to model selection criteria like AIC.  We also discuss their bearing on scientific realism and instrumentalism.  We argue that results concerning shrinkage estimators underwrite a surprising form of holistic pragmatism.

Details

Date:
8 April 2015
Time:
5:30 pm – 7:00 pm
Event Category:

Organiser

Philosophy, Logic & Scientific Method
Email:
philosophy-dept@lse.ac.uk

Venue

LAK 2.06
Lakatos Building
London, WC2A 2AE United Kingdom
+ Google Map
Website:
http://www.lse.ac.uk/