Ambiguity and partial Bayesian updating

DOI10.1007/S00199-023-01528-7MaRDI QIDQ6590146zbMATH OpenFDO

Authors Matthew Kovach

Publication date 21 August 2024

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S00199-023-01528-7

zbMATH Keywords

ambiguity aversiondynamic consistencyfull Bayesian updatingmaximum likelihood updatingpartial Bayesian updating

Mathematics Subject Classification ID

Bayesian inference (62F15) Decision theory (91B06) Utility theory (91B16)

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Cites work

• A Definition of Subjective Probability
• A rule for updating ambiguous beliefs
• Allais, Ellsberg, and preferences for hedging
• Ambiguity made precise: A comparative foundation
• Ambiguous persuasion
• Differentiating ambiguity and ambiguity attitude
• Dynamic objective and subjective rationality
• Dynamically consistent objective and subjective rationality
• Endogenous ambiguity in cheap talk
• Incomplete preferences under uncertainty: indecisiveness in beliefs versus tastes
• Knightian decision theory. I.
• Learning Under Ambiguity
• Maxmin expected utility with non-unique prior
• Mechanism design with ambiguous communication devices
• Objective and subjective rationality in a multiple prior model
• Objective rationality foundations for (dynamic) \(\alpha\)-MEU
• Recursive multiple-priors.
• Relative maximum likelihood updating of ambiguous beliefs
• Revealed Ambiguity and Its Consequences: Updating
• Revisiting savage in a conditional world
• Risk, ambiguity and the Savage axioms
• Subjective probability, confidence, and Bayesian updating
• Unambiguous events and dynamic Choquet preferences
• Updating Ambiguity Averse Preferences
• Updating ambiguous beliefs
• Updating confidence in beliefs
• Updating variational (Bewley) preferences

Cited in

(2)

• Logic-based updating
• On the consistency among prior, posteriors, and information sets

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