Capacity Updating Rules and Rational Belief Change
Author
Abstract
Suggested Citation
DOI: 10.1023/A:1012296730191
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Gilboa Itzhak & Schmeidler David, 1993.
"Updating Ambiguous Beliefs,"
Journal of Economic Theory, Elsevier, vol. 59(1), pages 33-49, February.
- Itzhak Gilboa & David Schmeidler, 1991. "Updating Ambiguous Beliefs," Discussion Papers 924, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Itzhak Gilboa & David Scheidler, 1993. "Updating Ambiguous Beliefs," Post-Print hal-00753150, HAL.
- Battigalli, Pierpaolo & Bonanno, Giacomo, 1997.
"The Logic of Belief Persistence,"
Economics and Philosophy, Cambridge University Press, vol. 13(1), pages 39-59, April.
- Giacomo Bonanno & Pierpaolo Battigalli, 2004. "The Logic Of Belief Persistency," Working Papers 206, University of California, Davis, Department of Economics.
- Dow James & Werlang Sergio Ribeiro Da Costa, 1994.
"Nash Equilibrium under Knightian Uncertainty: Breaking Down Backward Induction,"
Journal of Economic Theory, Elsevier, vol. 64(2), pages 305-324, December.
- Dow, James & Werlang, Sérgio Ribeiro da Costa, 1992. "Nash equilibrium under knightian uncertainty: breaking-down backward induction," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 186, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Jürgen Eichberger & David Kelsey, 1999.
"E-Capacities and the Ellsberg Paradox,"
Theory and Decision,
Springer, vol. 46(2), pages 107-138, April.
- Eichberger, J. & Kelsey, D., 1996. "E-Capacities and the Ellsberg Paradox," Discussion Papers 96-13, Department of Economics, University of Birmingham.
- Gilboa, Itzhak, 1987.
"Expected utility with purely subjective non-additive probabilities,"
Journal of Mathematical Economics, Elsevier, vol. 16(1), pages 65-88, February.
- Gilboa, Itzhak, 1985. "Expected Utility with Purely Subjective Non-Additive Probabilities," Foerder Institute for Economic Research Working Papers 275389, Tel-Aviv University > Foerder Institute for Economic Research.
- Itzhak Gilboa, 1987. "Expected Utility with Purely Subjective Non-Additive Probabilities," Post-Print hal-00756291, HAL.
- Stalnaker, Robert, 1996. "Knowledge, Belief and Counterfactual Reasoning in Games," Economics and Philosophy, Cambridge University Press, vol. 12(2), pages 133-163, October.
- Ebbe Groes & Hans Jørgen Jacobsen & Birgitte Sloth & Torben Tranaes, 1998. "Nash Equilibrium with Lower Probabilities," Theory and Decision, Springer, vol. 44(1), pages 37-66, January.
- Schmeidler, David, 1989.
"Subjective Probability and Expected Utility without Additivity,"
Econometrica, Econometric Society, vol. 57(3), pages 571-587, May.
- David Schmeidler, 1989. "Subjective Probability and Expected Utility without Additivity," Levine's Working Paper Archive 7662, David K. Levine.
- Marinacci, Massimo, 2000. "Ambiguous Games," Games and Economic Behavior, Elsevier, vol. 31(2), pages 191-219, May.
- Daniel Ellsberg, 1961. "Risk, Ambiguity, and the Savage Axioms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(4), pages 643-669.
- Sarin, Rakesh K & Wakker, Peter, 1992. "A Simple Axiomatization of Nonadditive Expected Utility," Econometrica, Econometric Society, vol. 60(6), pages 1255-1272, November.
- Blume, Lawrence & Brandenburger, Adam & Dekel, Eddie, 1991. "Lexicographic Probabilities and Equilibrium Refinements," Econometrica, Econometric Society, vol. 59(1), pages 81-98, January.
- Eichberger, Jurgen & Kelsey, David, 2000. "Non-Additive Beliefs and Strategic Equilibria," Games and Economic Behavior, Elsevier, vol. 30(2), pages 183-215, February.
- Battigalli, Pierpaolo & Bonanno, Giacomo, 1997.
"The Logic of Belief Persistence,"
Economics and Philosophy,
Cambridge University Press, vol. 13(01), pages 39-59, April.
- Giacomo Bonanno & Pierpaolo Battigalli, 2004. "The Logic Of Belief Persistency," Working Papers 9518, University of California, Davis, Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Dominiak, Adam & Lee, Min Suk, 2017. "Coherent Dempster–Shafer equilibrium and ambiguous signals," Journal of Mathematical Economics, Elsevier, vol. 68(C), pages 42-54.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dominiak, Adam & Lee, Min Suk, 2017. "Coherent Dempster–Shafer equilibrium and ambiguous signals," Journal of Mathematical Economics, Elsevier, vol. 68(C), pages 42-54.
- Burkhard C. Schipper, 2021.
"The evolutionary stability of optimism, pessimism, and complete ignorance,"
Theory and Decision, Springer, vol. 90(3), pages 417-454, May.
- Schipper, Burkhard C., 2005. "The Evolutionary Stability of Optimism, Pessimism and Complete Ignorance," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 68, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Burkhard C. Schipper, 2019. "The Evolutionary Stability of Optimism, Pessimism, and Complete Ignorance," Working Papers 334, University of California, Davis, Department of Economics.
- Schipper, Burkhard C., 2005. "The Evolutionary Stability of Optimism, Pessimism and Complete Ignorance," Bonn Econ Discussion Papers 35/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Adam Dominiak & Wendelin Schnedler, 2011.
"Attitudes toward uncertainty and randomization: an experimental study,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 48(2), pages 289-312, October.
- Dominiak, Adam & Schnedler, Wendelin, 2010. "Attitudes towards Uncertainty and Randomization: An Experimental Study," Working Papers 0494, University of Heidelberg, Department of Economics.
- Jürgen Eichberger & David Kelsey & Burkhard C. Schipper, 2009.
"Ambiguity and social interaction,"
Oxford Economic Papers,
Oxford University Press, vol. 61(2), pages 355-379, April.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2003. "Ambiguity and Social Interaction," Sonderforschungsbereich 504 Publications 03-30, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Burkhard C. Schipper & David Kelsey, 2005. "Ambiguity and Social Interaction," Working Papers 536, University of California, Davis, Department of Economics.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2007. "Ambiguity and social interaction," Papers 07-19, Sonderforschungsbreich 504.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard C., 2005. "Ambiguity and Social Interaction," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 59, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Jürgen Eichberger & David Kelsey & Burkhard C. Schipper, 2007. "Ambiguity and Social Interaction," Working Papers 0443, University of Heidelberg, Department of Economics, revised May 2007.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2007. "Ambiguity and Social Interaction," Sonderforschungsbereich 504 Publications 07-19, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2003. "Ambiguity and social interaction," Papers 03-30, Sonderforschungsbreich 504.
- Jurgen Eichberger & David Kelsey & Burkhard C. Schipper, 2005. "Ambiguity and Social Interaction," Discussion Papers 0504, University of Exeter, Department of Economics.
- Lo, Kin Chung, 2002. "Correlated equilibrium under uncertainty," Mathematical Social Sciences, Elsevier, vol. 44(2), pages 183-209, November.
- Alexander Zimper, 2011. "Re-examining the law of iterated expectations for Choquet decision makers," Theory and Decision, Springer, vol. 71(4), pages 669-677, October.
- Marinacci, Massimo, 2000. "Ambiguous Games," Games and Economic Behavior, Elsevier, vol. 31(2), pages 191-219, May.
- Takao Asano, 2004. "Portfolio Inertia and [Epsilon]-Contaminations," ISER Discussion Paper 0610, Institute of Social and Economic Research, Osaka University.
- Lo, Kin Chung, 2009.
"Correlated Nash equilibrium,"
Journal of Economic Theory, Elsevier, vol. 144(2), pages 722-743, March.
- Kin Chung Lo, 2007. "Correlated Nash Equilibrium," Working Papers 2007_5, York University, Department of Economics.
- Alexander Zimper, 2011.
"Do Bayesians Learn Their Way Out of Ambiguity?,"
Decision Analysis, INFORMS, vol. 8(4), pages 269-285, December.
- Alexander Zimper, 2011. "Do Bayesians learn their way out of ambiguity?," Working Papers 240, Economic Research Southern Africa.
- Ronald Stauber, 2019. "A strategic product for belief functions," ANU Working Papers in Economics and Econometrics 2019-668, Australian National University, College of Business and Economics, School of Economics.
- Eichberger, Jurgen & Kelsey, David, 2000. "Non-Additive Beliefs and Strategic Equilibria," Games and Economic Behavior, Elsevier, vol. 30(2), pages 183-215, February.
- Jürgen Eichberger & David Kelsey, 2004.
"Sequential Two-Player Games With Ambiguity,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(4), pages 1229-1261, November.
- Eichberger, Jürgen & Kelsey, David, 2003. "Sequential Two-Player Games with Ambiguity," Sonderforschungsbereich 504 Publications 03-27, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Eichberger, Jürgen & Kelsey, David, 2003. "Sequential two-player games with ambiguity," Papers 03-27, Sonderforschungsbreich 504.
- Jürgen Eichberger & David Kelsey & Burkhard C. Schipper, 2009.
"Ambiguity and social interaction,"
Oxford Economic Papers, Oxford University Press, vol. 61(2), pages 355-379, April.
- Eichberger, Jürgen & Kelsey, David H. & Schipper, Burkhard C., 2003. "Ambiguity and Social Interaction," Bonn Econ Discussion Papers 23/2003, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Burkhard C. Schipper & David Kelsey, 2005. "Ambiguity and Social Interaction," Working Papers 56, University of California, Davis, Department of Economics.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard C., 2005. "Ambiguity and Social Interaction," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 59, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2007. "Ambiguity and Social Interaction," Sonderforschungsbereich 504 Publications 07-19, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2003. "Ambiguity and social interaction," Papers 03-30, Sonderforschungsbreich 504.
- Eichberger, Jürgen & Kelsey, David & Schipper, Burkhard, 2003. "Ambiguity and Social Interaction," Sonderforschungsbereich 504 Publications 03-30, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Jurgen Eichberger & David Kelsey & Burkhard C. Schipper, 2005. "Ambiguity and Social Interaction," Discussion Papers 0504, University of Exeter, Department of Economics.
- Ludwig, Alexander & Zimper, Alexander, 2006.
"Investment behavior under ambiguity: The case of pessimistic decision makers,"
Mathematical Social Sciences, Elsevier, vol. 52(2), pages 111-130, September.
- Alexander Ludwig & Alexander Zimper, 2004. "Investment Behavior under Ambiguity: The Case of Pessimistic Decision Makers," MEA discussion paper series 04060, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Ludwig, Alexander & Zimper, Alexander, 2004. "Investment Behavior under Ambiguity: The Case of Pessimistic Decision Makers," Sonderforschungsbereich 504 Publications 04-31, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Ludwig, Alexander & Zimper, Alexander, 2004. "Investment behavior under ambiguity : the case of pessimistic decision makers," Papers 04-31, Sonderforschungsbreich 504.
- Dominiak, Adam, 2013. "Iterated Choquet expectations: A possibility result," Economics Letters, Elsevier, vol. 120(2), pages 155-159.
- repec:awi:wpaper:0448 is not listed on IDEAS
- Stauber, Ronald, 2019. "A strategic product for belief functions," Games and Economic Behavior, Elsevier, vol. 116(C), pages 38-64.
- repec:awi:wpaper:0444 is not listed on IDEAS
- Zimper, Alexander, 2012. "Asset pricing in a Lucas fruit-tree economy with the best and worst in mind," Journal of Economic Dynamics and Control, Elsevier, vol. 36(4), pages 610-628.
- Calford, Evan M., 2020.
"Uncertainty aversion in game theory: Experimental evidence,"
Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 720-734.
- Evan Calford, 2017. "Uncertainty Aversion in Game Theory: Experimental Evidence," Purdue University Economics Working Papers 1291, Purdue University, Department of Economics.
- Jian Yang, 2015. "Game-theoretic Modeling of Players' Ambiguities on External Factors," Papers 1510.06812, arXiv.org, revised Apr 2017.
More about this item
Keywords
Choquet expected utility; AGM axioms; Dempster–Shafer rule; Naïve Bayesian updating; Belief persistence;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:theord:v:51:y:2001:i:1:p:73-87. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.