EconLog
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http://econlog.econlib.org/
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Issues and insights in economics by Arnold Kling, Bryan Caplan, and David Henderson |
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Recent blog post
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Why Aren't Academic Economists Bayesians?, by Bryan Caplan
Almost all economic models assume that human beings are Bayesians : They start with some prior beliefs about how the world works, and update those beliefs using Bayes' Theorem as new information arrives. Behavioral economists often question whether peopl...
10 hours ago
