Econometrica: Jul 1963, Volume 31, Issue 3

Bayesian Statisticians and Remote Clients

https://doi.org/0012-9682(196307)31:3<422:BSARC>2.0.CO;2-9
p. 422-438

Clifford Hildreth

A decision model in which information from a statistical observation is combined with a prior personal probability distribution via Bayes Theorem is sketched. A complication is introduced consisting of difficulties in exchange of information between the decision-maker and the statistician who analyzes the observation. Possible parcels of information which might be transmitted from statistician to decision-maker or client are listed. Some parcels of information are tentatively discussed and earlier discussions of others are cited.

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