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Learning under Diverse World Views : Model-Based Inference

Mailath, George J. - 2019

People reason about uncertainty with deliberately incomplete models, including only the most relevant variables. How do people hampered by diﬀerent, incomplete views of the world learn from each other?We introduce a model of “model-based inference.” Model-based reasoners partition an...

Persistent link: https://www.econbiz.de/10012861906

Learning under Diverse World Views : Model-Based Inference

Mailath, George J. - 2019

People reason about uncertainty with deliberately incomplete models, including only the most relevant variables. How do people hampered by diﬀerent, incomplete views of the world learn from each other? We introduce a model of “model-based inference.” Model-based reasoners partition an...

Persistent link: https://www.econbiz.de/10012861979

Learning under diverse world views : model-based inference

Mailath, George J.; Samuelson, Larry - In: The American economic review 110 (2020) 5, pp. 1464-1501

Persistent link: https://www.econbiz.de/10012391970

Learning under diverse world views : model-based inference

Mailath, George J.; Samuelson, Larry - 2019

Persistent link: https://www.econbiz.de/10012182936

Subjectivity in inductive inference

Gilboa, Itzhak; Samuelson, Larry - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 2, pp. 183-215

are doomed to "overfit" the data and therefore engage in ineffective learning. The analysis places no computational or … consider agents facing a data generating process who are characterized by inference rules that may be purely objective (or data …

Persistent link: https://www.econbiz.de/10011690761