{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,10,26]],"date-time":"2026-10-26T11:01:22Z","timestamp":1793012482359,"version":"4.5.0"},"reference-count":0,"publisher":"Cambridge University Press (CUP)","issue":"4","license":[{"start":{"date-parts":[[1998,8,1]],"date-time":"1998-08-01T00:00:00Z","timestamp":901929600000},"content-version":"unspecified","delay-in-days":0,"URL":"https:\/\/www.cambridge.org\/core\/terms"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Econom. Theory"],"published-print":{"date-parts":[[1998,8]]},"abstract":"<jats:p>A Bayesian analysis of a nonidentified model is \nalways possible if a proper prior on all the parameters \nis specified. There is, however, no Bayesian free lunch. \nThe \u201cprice\u201d is that there exist quantities \nabout which the data are uninformative, i.e., their marginal \nprior and posterior distributions are identical. In the \ncase of improper priors the analysis is problematic\u2014resulting \nposteriors can be improper. This study investigates both \nproper and improper cases through a series of examples.<\/jats:p>","DOI":"10.1017\/s0266466698144043","type":"journal-article","created":{"date-parts":[[2002,7,27]],"date-time":"2002-07-27T13:45:46Z","timestamp":1027777546000},"page":"483-509","source":"Crossref","is-referenced-by-count":161,"title":["REVISING BELIEFS IN NONIDENTIFIED MODELS"],"prefix":"10.1017","volume":"14","author":[{"given":"Dale J.","family":"Poirier","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"56","published-online":{"date-parts":[[1998,8,1]]},"container-title":["Econometric Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.cambridge.org\/core\/services\/aop-cambridge-core\/content\/view\/S0266466698144043","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2019,4,1]],"date-time":"2019-04-01T19:00:57Z","timestamp":1554145257000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.cambridge.org\/core\/product\/identifier\/S0266466698144043\/type\/journal_article"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[1998,8]]},"references-count":0,"journal-issue":{"issue":"4","published-print":{"date-parts":[[1998,8]]}},"alternative-id":["S0266466698144043"],"URL":"https:\/\/doi.org\/10.1017\/s0266466698144043","relation":{},"ISSN":["0266-4666","1469-4360"],"issn-type":[{"value":"0266-4666","type":"print"},{"value":"1469-4360","type":"electronic"}],"subject":[],"published":{"date-parts":[[1998,8]]}}}