This paper presents a new argument for the Principle of Indifference. This argument can be thought of in two ways: as a pragmatic argument, justifying the principle as needing to hold if one is to minimise worst-case expected loss, or as an epistemic argument, justifying the principle as needing to hold in order to minimise worst-case expected inaccuracy. The question arises as to which interpretation is preferable. I show that the epistemic argument contradicts Evidentialism and suggest that the relative plausibility of Evidentialism provides grounds to prefer the pragmatic interpretation. If this is right, it extends to a general preference for pragmatic arguments for the Principle of Indifference, and also to a general preference for pragmatic arguments for other norms of Bayesian epistemology.
Keywords Principle of indifference · Bayesianism · Epistemic consequentialism · AccuracyMany Bayesians are committed to some version or other of the Principle of Indifference, which holds that in certain situations one's degrees of belief should be equivocal. Section 1 introduces three such versions in order of increasing strength. In Section 2, I develop a consequentialist argument for the strongest version. This can be thought of as motivating the principle in terms of its pragmatic consequences: if one is to minimise worst-case expected loss, then one should satisfy the Principle of Indifference. As I explain in Section 3, an analogous argument can be constructed