Fragility of asymptotic agreement under Bayesian learning
Under the assumption that individuals know the conditional distributions of signals given the payoff-relevant parameters, existing results conclude that as individuals observe infinitely many signals, their beliefs about the parameters will eventually merge. We first show that these results are frag...
Main Authors: | , , |
---|---|
Other Authors: | |
Format: | Article |
Language: | English |
Published: |
John Wiley & Sons,
2016-07-13T16:10:35Z.
|
Subjects: | |
Online Access: | Get fulltext |