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Statistical Inference as a Bargaining Game

Statistical Inference as a Bargaining Game »

Source: Statistical Inference as a Bargaining Game

Volume/Issue: 2002/81

Series: IMF Working Papers

Author(s): Eduardo Ley

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2002

ISBN: 9781451850376

Keywords: Social Welfare Function, Social Information Function, Contract Curve, Nash bargaining solution, Bayesian Inference, Posterior Mode, bargaining, welfare function, social welfare, statistics

This paper extends the analogy, previously established by Learner (1978a), between a Bayesian inference problem and an economics allocation problem to show that posterior modes can be interpreted as optimal outcome...

Statistical Inference as a Bargaining Game

Statistical Inference as a Bargaining Game »

Volume/Issue: 2002/81

Series: IMF Working Papers

Author(s): Eduardo Ley

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2002

DOI: http://dx.doi.org/10.5089/9781451850376.001

ISBN: 9781451850376

Keywords: Social Welfare Function, Social Information Function, Contract Curve, Nash bargaining solution, Bayesian Inference, Posterior Mode, bargaining, welfare function, social welfare, statistics

This paper extends the analogy, previously established by Learner (1978a), between a Bayesian inference problem and an economics allocation problem to show that posterior modes can be interpreted as optimal outcome...