Biased learning under ambiguous information

DOI10.1016/J.JET.2022.105492MaRDI QIDQ2155257zbMATH OpenOpenAlexFDO

Authors Jaden Yang Chen

Publication date 15 July 2022

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2022.105492

zbMATH Keywords

model uncertaintyambiguityself-serving biasbiased learning

Mathematics Subject Classification ID

Social learning (91D15)

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Cites work

• Active learning with a misspecified prior
• Ambiguity and the Bayesian paradigm
• Asymptotic behavior of Bayes estimates under possibly incorrect models
• Berk-Nash Equilibrium: A Framework for Modeling Agents With Misspecified Models
• First Impressions Matter: A Model of Confirmatory Bias
• Informational herding with model misspecification
• Learning Under Ambiguity
• Learning and self-confirming long-run biases
• Learning from ambiguous and misspecified models
• Learning from ambiguous urns
• Learning in mis-specified models and the possibility of cycles
• Learning to be rational
• Learning with heterogeneous misspecified models: characterization and robustness
• Limit points of endogenous misspecified learning
• Limiting Behavior of Posterior Distributions when the Model is Incorrect
• Misinterpreting others and the fragility of social learning
• Preference and belief: ambibiguity and competence in choice under uncertainty
• Psychological expected utility theory and anticipatory feelings
• Self-Confidence and Personal Motivation
• Self-serving interpretations of ambiguity in other-regarding behavior
• The attraction of uncertainty: interactions between skill and levels of uncertainty in market-entry games
• Unrealistic expectations and misguided learning

Cited in

(8)

• Biased social learning
• A model for prejudiced learning in noisy environments
• Confirmation bias with motivated beliefs
• Biased learning creates overconfidence
• Learning and self-confirming long-run biases
• Just a big misunderstanding? Bias and Bayesian affective polarization
• Skepticism and credulity: a model and applications to political spin, belief formation, and decision weights
• Informativeness orders over ambiguous experiments

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