Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jul, 1963, Volume 31, Issue 3

Bayesian Statisticians and Remote Clients

https://www.jstor.org/stable/1909982
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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