Hautsch, Nikolaus; Hess, Dieter; Müller, Christoph - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
Bayesian learning provides a core concept of information processing in financial markets. Typically it is assumed that …¨uller§
February 2008
Abstract
Bayesian learning provides a core concept of information processing in financial
markets. Typically it …
Rumours, analysts’ comments or official press releases – financial markets are subject to
a huge information flow which needs …