In standard models of Bayesian learning agents reduce their uncertainty about an eventÂ’s true probability because …. To address this question, I develop closed-form models of Bayesian learning in which beliefs are described as Choquet … not. While consistent Bayesian learning occurs under the Sarin-Wakker update rule, this result comes with the descriptive …

focuses on Markovian processes rather than on Bayesian learning. Second, it disregards the role of preferences whereas …

dynamic adoption model with Bayesian learning, in which forward-looking farmers learn from their own experience and from their …

. Bayesian learning implies that beliefs about the likelihood of rare disasters drop to a much more pessimistic level once a … between rational and adaptive Bayesian learning. Rational learners account for the possibility of future changes in beliefs in …, Bayesian learning, controlled diffusions and jump processes, learning about jumps, adaptive learning, rational learning. …