Testing theories with learnable and predictive representations

A-Tier
Journal: Journal of Economic Theory
Year: 2010
Volume: 145
Issue: 6
Pages: 2203-2217

Authors (4)

Al-Najjar, Nabil I. (not in RePEc) Sandroni, Alvaro (not in RePEc) Smorodinsky, Rann (not in RePEc) Weinstein, Jonathan (Washington University in St. L...)

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the problem of testing an expert whose theory has a learnable and predictive parametric representation, as do standard processes used in statistics. We design a test in which the expert is required to submit a date T by which he will have learned enough to deliver a sharp, testable prediction about future frequencies. We show that this test passes an expert who knows the data-generating process and cannot be manipulated by a uninformed one. Such a test is not possible if the theory is unrestricted.

Technical Details

RePEc Handle
repec:eee:jetheo:v:145:y:2010:i:6:p:2203-2217
Journal Field
Theory
Author Count
4
Added to Database
2026-01-29