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Rationality and the Bayesian paradigm
Journal of Economic Methodology 22 (3):312-334 (2015)
Abstract
It is argued that, contrary to a rather prevalent view within economic theory, rationality does not imply Bayesianism. The note begins by defining these terms and justifying the choice of these definitions, proceeds to survey the main justification for this prevalent view, and concludes by highlighting its weaknessesOther Versions
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2015-09-29
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6 months
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Citations of this work
References found in this work
Judgment under Uncertainty: Heuristics and Biases.Amos Tversky & Daniel Kahneman - 1974 - Science 185 (4157):1124-1131.
The Foundations of Mathematics and Other Logical Essays.Frank Plumpton Ramsey - 1925 - London, England: Routledge & Kegan Paul. Edited by R. B. Braithwaite.
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