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Record W4416018309 · doi:10.1093/jeea/jvaf038

Revising Beliefs in Light of Unforeseen Events

2025· article· en· W4416018309 on OpenAlexfundno aff
Christoph Becker, Tigran Melkonyan, Eugenio Proto, Andis Sofianos, Stefan T. Trautmann

Bibliographic record

VenueJournal of the European Economic Association · 2025
Typearticle
Languageen
FieldDecision Sciences
TopicGame Theory and Applications
Canadian institutionsnot available
FundersUniversität HeidelbergUniversity of GlasgowYork UniversityUniversity of SussexUniversity of WarwickCentre for Economic Policy Research
KeywordsEvent (particle physics)Unexpected eventsMotivated reasoningBase (topology)Rare events

Abstract

fetched live from OpenAlex

Abstract Bayesian updating is the dominant theory of learning. However, the theory is silent about how individuals react to events that were previously unforeseen. We study how decision-makers update their beliefs if unforeseen events materialize, and under which conditions they revise their views about previously observed relationships. We base our analysis on the framework of “reverse Bayesianism,” under which the relative likelihoods of prior beliefs remain unchanged after an unforeseen event materializes. We find that participants do not systematically deviate from reverse Bayesianism when the unforeseen changes result in a new world that contains elements of the old world. In contrast, if a regime change is possible, decision-makers eventually overhaul their model of the old world in favor of a completely different view of uncertainty.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.010
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.119
Threshold uncertainty score0.357

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0100.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.028
GPT teacher head0.333
Teacher spread0.306 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2025
Admission routes1
Has abstractyes

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