PIER Working Paper 08-017

"Supplementary Appendix for Non-Bayesian Updating: A Theoretical Framework "

by Larry G. Epstein, Jawwad Noor and Alvaro Sandroni

 

This appendix applies the model in "Non-Bayesian Updatng: A Theoretical Framework" (2003) to address the question: What do non-Bayesian updaters learn?