IDEAS home Printed from https://ideas.repec.org/p/toh/tergaa/462.html
   My bibliography  Save this paper

An evolutionary explanation for why the prior beliefs can be assumed to coincide with the correct ones in the simple Bayesian hypothesis testings

Author

Listed:
  • Mitsunobu MIYAKE

Abstract

This paper considers an evolutional process, where a simple Bayesian hypothesis testing is conducted repeatedly in parallel by many testing agents with diversified prior beliefs. Assuming that each of the agents selects a (one-shot) testing strategy to maximize the fitness value believing that the (own) prior belief is true, it is shown that only the testing agents endowed with the correct prior beliefs are survived eventually. This result provides an explanation for why the prior belief of the agent can be assumed to coincide with the correct one in the Bayesian hypothesis testing, as if the agent knows the true probability assigned by the nature, without introducing the longterm learning processes.

Suggested Citation

  • Mitsunobu MIYAKE, 2022. "An evolutionary explanation for why the prior beliefs can be assumed to coincide with the correct ones in the simple Bayesian hypothesis testings," TERG Discussion Papers 462, Graduate School of Economics and Management, Tohoku University.
  • Handle: RePEc:toh:tergaa:462
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10097/00134385
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:toh:tergaa:462. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tohoku University Library (email available below). General contact details of provider: https://edirc.repec.org/data/fetohjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.