Reverse Bayesianism: A Generalization

IF 0.3 4区经济学 Q4 ECONOMICS

B E Journal of Theoretical Economics Pub Date : 2020-05-15 DOI:10.1515/BEJTE-2018-0176

E. Karni, Quitz'e Valenzuela-Stookey, Marie-Louise Vierø

引用次数: 6

Abstract

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.

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反向贝叶斯主义:一种概括

摘要本文研究了一种环境，在这种环境中，决策者在行为之间进行选择，最初可能不知道某些后果。我们遵循Karni和Vierø(2013)的方法来建模增加意识，这允许决策者的状态空间扩展，因为她意识到新的可能的后果。我们在Karni和Vierø(2013)中推广了主要结果，允许发现新的结果来抵消一些在发现之前是非零的状态。我们还提供了替代假设，以加强信念更新模型的预测。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

B E Journal of Theoretical Economics ECONOMICS-

CiteScore

0.80

自引率

25.00%

发文量

期刊介绍： We welcome submissions in all areas of economic theory, both applied theory and \"pure\" theory. Contributions can be either innovations in economic theory or rigorous new applications of existing theory. Pure theory papers include, but are by no means limited to, those in behavioral economics and decision theory, game theory, general equilibrium theory, and the theory of economic mechanisms. Applications could encompass, but are by no means limited to, contract theory, public finance, financial economics, industrial organization, law and economics, and labor economics.