Search Results - subject:"Probability measures"

Biased Bayesian Learning with an Application to the Risk-Free Rate Puzzle

Ludwig, Alexander; Zimper, Alexander - Economic Research Southern Africa (ERSA) - 2013

Based on the axiomatic framework of Choquet decision theory, we develop a closed-form model of Bayesian learning with ambiguous beliefs about the mean of a normal distribution. In contrast to rational models of Bayesian learning the resulting Choquet Bayesian estimator results in a long-run bias...

Persistent link: https://www.econbiz.de/10011133847

A new distance for data sets (and probability measures) in a RKHS context

Martos, Gabriel - Departamento de Estadistica, Universidad Carlos III de … - 2013

be extended from data sets to probability measures. The performance of the proposed distances is tested on a variety of …

Persistent link: https://www.econbiz.de/10010861886

Biased Bayesian learning with an application to the risk-free rate puzzle

Ludwig, Alexander; Zimper, Alexander - Department of Economics, Faculty of Economic and … - 2013

Persistent link: https://www.econbiz.de/10011095461

Inferring probability comparisons

Harrison-Trainor, Matthew; Holliday, Wesley H.; Icard, … - In: Mathematical social sciences 91 (2018), pp. 62-70

Persistent link: https://www.econbiz.de/10012108490

Asymptotic asset pricing and bubbles

Roch, Alexandre - In: Mathematics and financial economics 12 (2018) 2, pp. 275-304

Persistent link: https://www.econbiz.de/10011963853

On the stick–breaking representation of normalized inverse Gaussian priors

Favaro, Stefano; Lijoi, Antonio; Prünster, Igor - Dipartimento di Scienze Economiche e Aziendali, … - 2012

Random probability measures are the main tool for Bayesian nonparametric inference, with their laws acting as prior …

Persistent link: https://www.econbiz.de/10010587723

Reengineering Probabilistic Relational Databases with Fuzzy Probability Measures into XML Model

Ma, Zongmin; Li, Chengwei; Yan, Li - In: Journal of Database Management (JDM) 28 (2017) 3, pp. 26-47

This paper concentrates on modeling probabilistic events with fuzzy probability measures in relational databases and … probability measures is introduced, which incorporates fuzzy probability measures to handle imprecision and uncertainty. In … particular, the formal approach to reengineering the relational database model with fuzzy probability measures into the DTD …

Persistent link: https://www.econbiz.de/10012048944

Wild bootstrap of the mean in the infinite variance case

Cavaliere, Giuseppe; Georgiev, Iliyan; Taylor, A.M. Robert - Dipartimento di Scienze Statistiche "Paolo Fortunati", … - 2011

It is well known that the standard i.i.d. bootstrap of the mean is inconsistent in a location model with infinite variance (?-stable) innovations. This occurs because the bootstrap distribution of a normalised sum of infinite variance random variables tends to a random distribution. Consistent...

Persistent link: https://www.econbiz.de/10011228123

Do Bayesians learn their way out of ambiguity?

Zimper, Alexander - Economic Research Southern Africa (ERSA) - 2011

In standard models of Bayesian learning agents reduce their uncertainty about an eventÂ’s true probability because their consistent estimator concentrates almost surely around this probabilityÂ’s true value as the number of observations becomes large. This paper takes the empirically...

Persistent link: https://www.econbiz.de/10009294744

Measurability of the value of a parametrized game

Prikry, Karel L.; Sudderth, William D. - In: International journal of game theory : official journal … 45 (2016) 3, pp. 675-683

Persistent link: https://www.econbiz.de/10011553891