Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The inability of the Bayesian model to accomodate Ellsberg-type behavior is ll known.  focuses on another limitation of the Bayesian model, specific to a dynamic setting, namely the inability to permit a distinction beten experiments that are identical and those that are only indistinguishable. It is shown that such a distinction is afforded by recursive multiple-priors utility. Two related technical contributions are the proff of a strong LLN for recursive multiple-priors utility and the extension to sets of priors of the notion of regularity of a probability measure.
['Larry G. Epstein', 'Martin Schneider']
I am writing a research paper on a idea IID: Independently and Indistinguishably Distributed
[{"from": "human", "value": "I am writing a research paper on a idea IID: Independently and Indistinguishably Distributed"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: The inability of the Bayesian model to accomodate Ellsberg-type behavior is ll known.  focuses on another limitation of the Bayesian model, specific to a dynamic setting, namely the inability to permit a distinction beten experiments that are identical and those that are only indistinguishable. It is shown that such a distinction is afforded by recursive multiple-priors utility. Two related technical contributions are the proff of a strong LLN for recursive multiple-priors utility and the extension to sets of priors of the notion of regularity of a probability measure."}]