Credibility Procedures- La Place's Generalization of Bayes' Rule and the Combination of Collateral Knowledge with Observed Data [Discussion]

Abstract
The basis of any statistical (probability) theory of inference is supplied by the concept, due to Bayes, of a priori and a posteriori probabilities. These may perhaps better be called "over-all" and "inferred" probabilities.
Volume
XXXVII
Page
94-95
Year
1950
Categories
Actuarial Applications and Methodologies
Ratemaking
Experience Rating
Financial and Statistical Methods
Credibility
Publications
Proceedings of the Casualty Actuarial Society
Authors
Richard Von Mises