Learning under Diverse World Views: Model-Based Inference
| dc.contributor.author | Mailath, George | |
| dc.contributor.author | Samuelson, Larry W. | |
| dc.date.accessioned | 2022-09-29T05:10:40Z | |
| dc.date.available | 2022-09-29T05:10:40Z | |
| dc.date.issued | 2020 | |
| dc.date.updated | 2021-11-28T07:20:16Z | |
| dc.description.abstract | People reason about uncertainty with deliberately incomplete models. 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 otherwise hopelessly complex state space into a manageable model. Unless the differences in agents' models are trivial, interactions will often not lead agents to have common beliefs or beliefs near the correct-model belief. If the agents' models have enough in common, then interacting will lead agents to similar beliefs, even if their models also exhibit some bizarre idiosyncrasies and their information is widely dispersed | en_AU |
| dc.format.mimetype | application/pdf | en_AU |
| dc.identifier.citation | Mailath, George J., and Larry Samuelson. 2020. "Learning under Diverse World Views: Model-Based Inference." American Economic Review, 110 (5): 1464-1501. | en_AU |
| dc.identifier.issn | 0002-8282 | en_AU |
| dc.identifier.uri | http://hdl.handle.net/1885/274193 | |
| dc.language.iso | en_AU | en_AU |
| dc.provenance | https://v2.sherpa.ac.uk/id/publication/9860..."Published version can be made open access on non-commercial repository" from SHERPA/RoMEO site (as at 29.9.2022). | en_AU |
| dc.publisher | American Economic Association | en_AU |
| dc.rights | © 2020 | en_AU |
| dc.source | American Economic Review | en_AU |
| dc.title | Learning under Diverse World Views: Model-Based Inference | en_AU |
| dc.type | Journal article | en_AU |
| dcterms.accessRights | Open Access | en_AU |
| local.bibliographicCitation.issue | 5 | en_AU |
| local.bibliographicCitation.lastpage | 1501 | en_AU |
| local.bibliographicCitation.startpage | 1464 | en_AU |
| local.contributor.affiliation | Mailath, George, College of Business and Economics, ANU | en_AU |
| local.contributor.affiliation | Samuelson, Larry W., Yale University | en_AU |
| local.contributor.authoruid | Mailath, George, u5107368 | en_AU |
| local.description.notes | Imported from ARIES | en_AU |
| local.identifier.absfor | 380304 - Microeconomic theory | en_AU |
| local.identifier.absseo | 280108 - Expanding knowledge in economics | en_AU |
| local.identifier.ariespublication | a383154xPUB13185 | en_AU |
| local.identifier.citationvolume | 110 | en_AU |
| local.identifier.doi | 10.1257/aer.20190080 | en_AU |
| local.identifier.scopusID | 2-s2.0-85085383410 | |
| local.publisher.url | https://www.aeaweb.org/ | en_AU |
| local.type.status | Published Version | en_AU |
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