Reverse Bayesianism: A Generalization
Abstract: This paper studies an environment in which a decision maker choosing between acts may initially be unaware of certain consequences. We follow the approach of Karni and Vierø (2013) to modeling increasing awareness, which allows for the decision maker's state space to expand as she becomes aware of new possible consequences. We generalize the main result in Karni and Vierø (2013) by allowing the discovery of new consequences to nullify some states that were non-null before the discovery. We also provide alternative assumptions which strengthen the predictions of the belief updating model.
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource
- Sprache
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Englisch
- Erschienen in
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Reverse Bayesianism: A Generalization ; volume:21 ; number:2 ; year:2020 ; pages:557-569 ; extent:13
The B.E. journal of theoretical economics ; 21, Heft 2 (2020), 557-569 (gesamt 13)
- Urheber
- DOI
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10.1515/bejte-2018-0176
- URN
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urn:nbn:de:101:1-2023102314062081848799
- Rechteinformation
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Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
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14.08.2025, 10:52 MESZ
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Beteiligte
- Karni, Edi
- Valenzuela-Stookey, Quitzé
- Vierø, Marie-Louise
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