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TESTING BAYESIAN UPDATING WITH THE ASSOCIATED PRESS TOP 25.

Most studies of Bayesian updating use experimental data. This article uses a non-experimental data source-the voter ballots of the Associated Press college football poll, a weekly subjective ranking of the top 25 teams-to test Bayes' rule as a descriptive model. I find that voters sometimes underrea...

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Published in:Economic Inquiry Vol. 51; no. 2; p. 1457
Main Author: STONE, DANIEL F.
Format: Article
Published: Wiley-Blackwell Apr2013
Subjects:
Associated Press
Bayesian analysis
College football
Ranking
Football teams
Voters
Online Access:View this record in EBSCOhost

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