diffuse/narrow priors

08:13 Jul 9, 2014
This question was closed without grading. Reason: No acceptable answer

English to Persian (Farsi) translations [PRO]
Marketing - Investment / Securities
English term or phrase: diffuse/narrow priors
Investors are assumed to have better information about locally headquartered firms than they do about remotely headquartered firms. Upon receiving new information, investors with less information (diffuse priors) about a firm’s prospects update beliefs more heavily than those with more information (narrow priors). In equilibrium, when investors have different priors, public news causes some to be buyers and others to be sellers.
Reza Rahimi
Canada
Local time: 09:55


Summary of answers provided
4توزیع از پیش تعیین شده گسترده/محدود
Amanollah Zawari
4تعریف اولویت از قبل/ تعریف اولویت به صورت محدود
Amir Heydari Bateni


  

Answers


21 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
توزیع از پیش تعیین شده گسترده/محدود


Explanation:
اشاره دارد به توزیعی که برای یک پارامتر قبل از اجرای مدل تعیین می شود. در صورتی که اطلاعات سرمایه گذار محدود باشد، این توزیع گسترده تر خواهد بود زیرا باید برای هر مقدار ممکن از پارامتر احتمال مساوی برقرار باشد. اما در صورت گسترده بودن اطلاعات، توزیع محدود یا باریک خواهد بود زیرا اطلاعات اضافه باعث محدود شدن مقادیر ممکن می شود.

You can also say: توزیع از پیش تعیین شده پهن/باریک

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Note added at 24 mins (2014-07-09 08:37:46 GMT)
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Other option: توزیع از پیش تعیین شده پراکنده/متمرکز

Amanollah Zawari
United States
Local time: 06:55
Native speaker of: Native in DariDari, Native in Persian (Farsi)Persian (Farsi)
PRO pts in category: 12
Notes to answerer
Asker: thanks!

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26 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
تعریف اولویت از قبل/ تعریف اولویت به صورت محدود


Explanation:
About diffuse in attached address, they say: specify a prior distribution for a parameter, before the experiment.


    Reference: http://economics.about.com/library/glossary/bldef-diffuse-pr...
Amir Heydari Bateni
Iran
Local time: 17:25
Native speaker of: Native in Persian (Farsi)Persian (Farsi)
Notes to answerer
Asker: thanks!

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