Updating Beliefs with Ambiguous Evidence: Implications for Polarization
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We introduce and analyze a model in which agents observe sequences of signals about the state of the world, some of which are ambiguous and open to interpretation. Instead of using Bayes' rule on the whole sequence, our decision makers use Bayes' rule in an iterative way: first to interpret each
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美国国家经济研究局创建时间：
2013-06-01
