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Journal articles
An Experimental Study of Updating Ambiguous Beliefs
Abstract : Ambiguous beliefs are beliefs which are inconsistent with a unique, additive prior. The problem of their update in face of new information has been dealt with in the theoretical literature, and received several contradictory answers. In particular, the maximum likelihood update and the full Bayesian update have been axiomatized. This experimental study attempts to test the descriptive validity of these two theories by using the Ellsberg experiment framework.
https://hal-hec.archives-ouvertes.fr/hal-00752307
Contributor : Antoine Haldemann <>
Submitted on : Thursday, November 15, 2012 - 1:44:14 PM
Last modification on : Thursday, November 15, 2012 - 1:44:14 PM
Contributor : Antoine Haldemann <>
Submitted on : Thursday, November 15, 2012 - 1:44:14 PM
Last modification on : Thursday, November 15, 2012 - 1:44:14 PM
