• Title of article

    Bayesian analysis of duration models: an application to Chapter 11 bankruptcy

  • Author/Authors

    Li، Kai نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1999
  • Pages
    -304
  • From page
    305
  • To page
    0
  • Abstract
    Experimental evidence can provide clues as to the kind of reasoning that boundedly rational agents apply to arrive at a strategy choice. We report statistical tests on the saliency of optimistic and pessimistic behaviors in symmetric normal-form games.
  • Keywords
    High yield bonds , Chapter II bankruptcy , Duration models , Bayesian inference , Laplace approximation
  • Journal title
    Economics Letters
  • Serial Year
    1999
  • Journal title
    Economics Letters
  • Record number

    22196