Rational Beliefs and Bayesian Learning: A Note

By means of an example, it is demonstrated how rational beliefs may be incorporated into a Bayesian learning model. The empirical distribution is learned over time and the subjective rational belief is modified accordingly.

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Year of publication:	2007
Authors:	NIELSEN, Carsten Krabbe
Published in:	Rivista Internazionale di Scienze Sociali. - Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore. - Vol. 115.2007, 3, p. 471-474
Publisher:	Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore
Subject:	Rational beliefs \| Bayesian learning

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Extent:	text/html
Type of publication:	Article
Classification:	C11 - Bayesian Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010878149