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We model inter-temporal ambiguity as the scenario in which a Bayesian learner holds more than one prior distribution over a set of parameters and provide necessary and sufficient condition for ambiguity to fade away because of learning. Our condition applies to most learning environments: iid...
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We use decision theory to confront uncertainty that is sufficiently broad to incorporate “models as approximations.” We presume the existence of a featured collection of what we call “structured models” that have explicit substantive motivations. The decision maker confronts uncertainty...
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