3 papers
econ.TH2022
Robust Data-Driven Decisions Under Model Uncertainty
Xiaoyu Cheng
When sample data are governed by an unknown sequence of independent but possibly non-identical distributions, the data-generating process (DGP) in general cannot be perfectly ident…
econ.TH2021
Extended Relative Maximum Likelihood Updating of Choquet Beliefs
Xiaoyu Cheng
Cheng(2021) proposes and characterizes Relative Maximum Likelihood (RML) updating rule when the ambiguous beliefs are represented by a set of priors. Relatedly, this note proposes…
econ.TH2021
A Concavification Approach to Ambiguous Persuasion
Xiaoyu Cheng
This note shows that the value of ambiguous persuasion characterized in Beauchene, Li and Li(2019) can be given by a concavification program as in Bayesian persuasion (Kamenica and…