Earlier quoted context omitted.
Exactly, like under the 'WIV lab procedures' section it states: Probabilistic Estimates: Labs with lax security and procedures are conservatively estimated as 2x more likely to produce a lab escape. However, since the reports are not very reliable, this is reduced to 1.5x. There's no explanation or methodology presented as to how they derive these probabilities based on articles they found in the news and most of the…
The nice thing about Bayesian analysis is that you have to make your priors explicit. That’s what this is, a prior. It doesn’t have to have a derivation; it can just be a guess. The important thing is that you’re writing your guess down so everyone can see it. You can then also do a sensitivity analysis to figure out how much your conclusions change if you modify your priors. So if you, the reader, think the priors a…
It's very easy to "make guesses" that present your conclusion, throw in a paltry amount of money, then make bank off the publicity.
This possibility poisons the well for the entire process. If they can make money off this even if they are completely off-base, then it's not rational to build up the trust necessary in their process to engage with their model.