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Nonmanipulable Bayesian testing
Colin, Stewart - In: Journal of Economic Theory 146 (2011) 5, pp. 2029-2041
This paper considers the problem of testing an expert who makes probabilistic forecasts about the outcomes of a stochastic process. I show that, as long as uninformed experts do not learn the correct forecasts too quickly, a likelihood test can distinguish informed from uninformed experts with...
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