Bayesian inference does not lead you astray…on average

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 125
Issue: 3
Pages: 444-446

Authors (2)

Francetich, Alejandro (not in RePEc) Kreps, David (Stanford University)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

The expected value of the log of a Bayesian’s posterior assessment of the true state of nature, computed under the probability law of the true state, is always at least as large as the log of the prior.

Technical Details

RePEc Handle
repec:eee:ecolet:v:125:y:2014:i:3:p:444-446
Journal Field
General
Author Count
2
Added to Database
2026-01-25