Posterior Probabilities: Dominance and Optimism
Sergiu Hart and
Yosef Rinott
Discussion Paper Series from The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem
Abstract:
The Bayesian posterior probability of the true state is stochastically dominated by that same posterior under the probability law of the true state. This generalizes to notions of "optimism" about posterior probabilities.
Pages: 10 pages
Date: 2019-11
New Economics Papers: this item is included in nep-mic
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Related works:
Working Paper: Posterior Probabilities: Dominance and Optimism (2022) 
Journal Article: Posterior probabilities: Dominance and optimism (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:huj:dispap:dp730
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