Bayesian learning with multiple priors and nonvanishing ambiguity

DOI10.1007/S00199-016-1007-YzbMATH Open1398.91218OpenAlexW2254990234MaRDI QIDQ683822FDOQ683822

Authors: Alexander Zimper, Wei Ma 

Publication date: 9 February 2018

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

Full work available at URL: http://www.up.ac.za/media/shared/61/WP/wp_2015_35.zp57405.pdf

Recommendations

• Do Bayesians Learn Their Way Out of Ambiguity?
• Learning from ambiguous and misspecified models
• Learning Under Ambiguity
• Ambiguity and the Bayesian paradigm
• When does ambiguity fade away?

zbMATH Keywords

Kullback-Leibler divergenceambiguityBayesian learningEllsberg paradoxBerk's theoremmisspecified priors

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Cites Work

• On Information and Sufficiency
• On the consistency of Bayes estimates
• Title not available (Why is that?)
• Misspecification in infinite-dimensional Bayesian statistics
• Limiting Behavior of Posterior Distributions when the Model is Incorrect
• Maxmin expected utility with non-unique prior
• Risk, ambiguity and the Savage axioms
• Prospect theory. For risk and ambiguity.
• Subjective Probability and Expected Utility without Additivity
• Infinite dimensional analysis. A hitchhiker's guide.
• Title not available (Why is that?)
• Bayesian nonparametrics
• Differentiating ambiguity and ambiguity attitude
• Learning Under Ambiguity
• A Definition of Subjective Probability
• Title not available (Why is that?)
• Expected utility with purely subjective non-additive probabilities
• Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
• Nonlinear Decision Weights in Choice Under Uncertainty
• Learning from ambiguous urns
• The possibility of speculative trade between dynamically consistent agents.
• Extending Doob's consistency theorem to nonparametric densities
• Speculative trade under ambiguity

Cited In (8)

• When does ambiguity fade away?
• Incentive contracting under ambiguity aversion
• Do Bayesians Learn Their Way Out of Ambiguity?
• Speculative trade under ambiguity
• Learning from ambiguous and misspecified models
• Ambiguous implementation: the partition model
• Unrealized arbitrage opportunities in naive equilibria with non-Bayesian belief processes
• Bayesian learning for a class of priors with prescribed marginals

This page was built for publication: Bayesian learning with multiple priors and nonvanishing ambiguity

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q683822)