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Story builders

Author

Listed:
  • Glazer, Jacob
  • Rubinstein, Ariel

Abstract

We study methods for constructing a story from partial evidence where a story is defined as a path along a finite directed graph from the origin to a terminal node. Each node in the graph represents a possible event. A story builder receives evidence, i.e. a subset of events consistent with at least one story, and expands it into a coherent story. The analysis focuses on a stickiness property whereby if the story builder believes in a particular story, given a certain set of facts, then he believes in it given a broader set of facts consistent with the story.

Suggested Citation

  • Glazer, Jacob & Rubinstein, Ariel, 2021. "Story builders," Journal of Economic Theory, Elsevier, vol. 193(C).
    • Handle: RePEc:eee:jetheo:v:193:y:2021:i:c:s0022053121000284
    DOI: 10.1016/j.jet.2021.105211
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    References listed on IDEAS

    as
    1. Evan Sadler, 2021. "A Practical Guide to Updating Beliefs From Contradictory Evidence," Econometrica, Econometric Society, vol. 89(1), pages 415-436, January.
    2. Kfir Eliaz & Ran Spiegler, 2020. "A Model of Competing Narratives," American Economic Review, American Economic Association, vol. 110(12), pages 3786-3816, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Story builder; Non-Bayesian beliefs;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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