Bayesian Networks and Boundedly Rational Expectations *
نویسندگان
چکیده
منابع مشابه
Bayesian Networks and Boundedly Rational Expectations∗
I present a framework for analyzing decision making under imperfect understanding of correlation structures and causal relations. A decision maker (DM) faces an objective long-run probability distribution p over several variables (including the action taken by previous DMs). He is characterized by a subjective causal model, represented by a directed acyclic graph over the set of variable labels...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2016
ISSN: 1531-4650,0033-5533
DOI: 10.1093/qje/qjw011