Saturday, October 06, 2007

Economic Analysis of Evidence (and Inference)

Economic analysis of evidence and of the law of evidence is a good thing; that is, it is good that it is being done -- that is to say, I am (on the whole) glad that people are doing this sort of thing. However, I do feel compelled to make the following pithy observation:
Decision and inference intersect and interact.
But never shall the 'twain entirely merge.
Isn't that right?
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