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BEGIN:VEVENT
DTSTAMP:20260622T183536Z
DTSTART;VALUE=DATE-TIME:20141204T143000
DTEND;VALUE=DATE-TIME:20141204T155000
SUMMARY:DR@W Forum: Roee Teper (University of Pittsburgh)
TZID:Europe/London
UID:20141204-8a1785d77b065d9b017b5dc5cb4e1fab@warwick.ac.uk
CREATED:20140616T120524Z
DESCRIPTION:"Learning the Krepsian State: Exploration Through Consumption
 " (joint work with Evan Piermont and Norio Takeoka) In this paper\, we a
 xiomatize an infinite-horizon subjective state space model. In contrast 
 to many subjective state space models\, the resolution of uncertainty re
 garding the true state is an endogenous process that depends on the deci
 sion maker's past consumption. In addition\, there need not be full reso
 lution of uncertainty between periods. When a decision maker consumes ou
 tcomes\, she learns her relative preference between them\; after each co
 nsumption history\, the decision maker's state space is a refinement of 
 the previous state space. We identify the (set of possible) conditional 
 preferences induced by each series of consumption.
LOCATION:ÌÇÐÄTV Library (Wolfson Research Exchange Area- Room 1)
CATEGORIES:Draw Forum
LAST-MODIFIED:20210819T093725Z
ORGANIZER;CN="":
END:VEVENT
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