Search Results - subject:"Probability Matching"

Probability matching and reinforcement learning

Rivas, Javier - In: Journal of Mathematical Economics 49 (2013) 1, pp. 17-21

Probability matching occurs when an action is chosen with a frequency equivalent to the probability of that action … probability matching and, if the learning occurs sufficiently slowly, probability matching does not only occur in choice …

Persistent link: https://www.econbiz.de/10010608648

Objective Bayesian analysis of Pareto distribution under progressive Type-II censoring

Fu, Jiayu; Xu, Ancha; Tang, Yincai - In: Statistics & Probability Letters 82 (2012) 10, pp. 1829-1836

matching prior) are given. We show that one of the reference priors is also the second order probability matching prior (PMP …. Three types of noninformative priors (Jeffreys prior, two reference priors and two general forms of second order probability …

Persistent link: https://www.econbiz.de/10010597143

On the approximate frequentist validity of the posterior quantiles of a parametric function: results based on empirical and related likelihoods

Chang, In; Mukerjee, Rahul - In: TEST: An Official Journal of the Spanish Society of … 21 (2012) 1, pp. 156-169

Persistent link: https://www.econbiz.de/10010539296

Frequentist and Bayesian measures of confidence via multiscale bootstrap for testing three regions

Shimodaira, Hidetoshi - In: Annals of the Institute of Statistical Mathematics 62 (2010) 1, pp. 189-208

Persistent link: https://www.econbiz.de/10008497340

Noninformative priors for the normal variance ratio

Kim, D.; Kang, S.; Lee, W. - In: Statistical Papers 50 (2009) 2, pp. 393-402

Persistent link: https://www.econbiz.de/10005167187

Noninformative Priors for Multivariate Linear Calibration

Yin, Ming - In: Journal of Multivariate Analysis 73 (2000) 2, pp. 221-240

This paper derives a class of first order probability matching priors and a complete catalog of the reference priors … first order probability matching priors is given, and a fairly general class of second order probability matching priors is … first order probability matching priors for unidimensional multivariate linear calibration. Also, in univariate linear …

Persistent link: https://www.econbiz.de/10005152877

Probability matching priors: a review

Scricciolo, Catia - In: Statistical Methods and Applications 8 (1999) 1, pp. 83-100

Persistent link: https://www.econbiz.de/10008497276

Dual process theories: A key for understanding the diversification bias?

Kogler, Christoph; Kühberger, Anton - In: Journal of Risk and Uncertainty 34 (2007) 2, pp. 145-154

The diversification bias in repeated lotteries is the finding that a majority of participants fail to select the option offering the highest probability. This phenomenon is systematic and immune to classical manipulations (e.g. monetary rewards). We apply dual process theories and argue that the...

Persistent link: https://www.econbiz.de/10005678172

Noninformative priors for linear combinations of the normal means

Kim, Dal; Kang, Sang; Lee, Woo - In: Statistical Papers 47 (2006) 2, pp. 249-262

Persistent link: https://www.econbiz.de/10008486793

Games of Competition in a Stochastic Environment

Avrahami, Judith; Güth, Werner; Kareev, Yaakov - In: Theory and Decision 59 (2005) 4, pp. 255-294

The paper presents a set of games of competition between two or three players in which reward is jointly determined by a stochastic biased mechanism and playersâ€™ choices. More specifically, a resource can be found with unequal probabilities in one of two locations. The first agent is...

Persistent link: https://www.econbiz.de/10005709858