Bayesian learning provides a core concept of information processing in financial markets. Typically it is assumed that … information is perceived to be imprecise, prices react stronger. Moreover, interactions of the different precision signals affect … learning ; information quality ; precision signals ; macroeconomic announcements …

Bayesian learning provides the core concept of processing noisy information. In standard Bayesian frameworks, assessing … the price impact of information requires perfect knowledge of news’ precision. In practice, however, precision is rarely … Announcements ; Information Quality ; Precision Signals …

Bayesian learning provides the core concept of information processing in financial markets. Typically, it is assumed …. If information is perceived to be more precise, prices react more strongly. Moreover, interactions of the different …' precision. -- Bayesian learning ; information quality ; precision signals ; macroeconomic announcements …