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Events

Home Events
Event_Economics
15May

Evaluating Ambiguous Random Variables and Updating by Proxy by Professor Faruk Gul

Tuesday, 15 May 2018 | 4:30pm - 6pm
KK910
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Economics Seminar

Author:

  • Faruk Gul
    Princeton University
     

 

We introduce a new theory of belief revision under ambiguity. It is recursive (random variables are evaluated by backward induction) and consequentialist (the conditional expectation of any random variable depends only on the values the random variable attains on the conditioning event). Agents experience no change in preferences but may not be indifferent to the timing of resolution of uncertainty. We provide two characterization theorems: the first relates our rule to standard Bayesian updating; the second characterizes the dynamic behavior of an agent who adopts our rule.

71st CFA Institute Annual Conference7 Jan 2019
"Do international differences in certain cultural dimensions lower cross-country financial statement comparability under IFRS?" by Dr. Byung Hun ChungWednesday, 16 May 2018

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Event_Management and Strategy
23Apr
Management and Strategy
Feeling Positive, Negative, or Both? Examining the Self-Regulatory Benefits of Emotional Ambivalence
23 April 2021 | 09:00 am - 10:30 am
Zoom
Dr. Allison S. Gabriel
Event_Accounting and Law
15Apr
Accounting and Law | Seminar
Do note disclosures influence value-relevance more after the loss of financial statement placement flexibility? Evidence from ASU 2011-05
15 April 2021 | 11:00 – 12:30
online seminar
Dr. Matthew Cedergren
Evaluating Ambiguous Random Variables and Updating by Proxy by Professor Faruk Gul
Tuesday, 15 May 20184:30pm - 6pm
KK910
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