Experimental and cognitive-cost-based models of inferential expectations
About the seminar
Treating belief formation as inference allows the link between the receipt of information and the resultant changes in beliefs to be parameterized, where the link disappears in extremis. The justification for this model can take the form of experimental evidence against (Quasi-) Bayesian adjustment, or can be calculated as a fully rational response to a cost of adjustment. Both justifications will be outlined, together with some of the modelling uses of inferential expectations.
Please Note: There is no paper available and this talk is drawing from a number of different sources.
About the presenter’s visit
Dr Gordon Menzies will be visiting the School of Economics on 6 March 2020. While here he will be using room 635 Colin Clark Building. If you would like to meet with him please contact Professor Daniel Zizzo who will be his host while at The University of Queensland. Professor Zizzo can be contacted on soe-ea@uq.edu.au.
About School Seminar Series
The School of Economics General Seminar Series is held on Fridays. These are in-person and presented by a range of guest researchers from around Australia and internationally.
Venue
UQ St Lucia campus