Bayesian learning with multiple priors and nonvanishing ambiguity
From MaRDI portal
Publication:683822
DOI10.1007/s00199-016-1007-yzbMath1398.91218MaRDI QIDQ683822
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
Bayesian learning; ambiguity; Kullback-Leibler divergence; Ellsberg paradox; Berk's theorem; misspecified priors
Related Items
Ambiguous implementation: the partition model, Speculative trade under ambiguity, Incentive contracting under ambiguity aversion
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- On the consistency of Bayes estimates
- Expected utility with purely subjective non-additive probabilities
- Maxmin expected utility with non-unique prior
- Learning from ambiguous urns
- The possibility of speculative trade between dynamically consistent agents.
- Extending Doob's consistency theorem to nonparametric densities
- Bayesian nonparametrics
- Differentiating ambiguity and ambiguity attitude
- Speculative trade under ambiguity
- Misspecification in infinite-dimensional Bayesian statistics
- Risk, Ambiguity, and the Savage Axioms
- Nonlinear Decision Weights in Choice Under Uncertainty
- Prospect Theory
- Subjective Probability and Expected Utility without Additivity
- Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
- Learning Under Ambiguity
- Limiting Behavior of Posterior Distributions when the Model is Incorrect
- A Definition of Subjective Probability
- On Information and Sufficiency