Dynamically consistent beliefs must be Bayesian
From MaRDI portal
Publication:688894
DOI10.1006/JETH.1993.1056zbMath0787.90002OpenAlexW2073697120MaRDI QIDQ688894
Michel Le Breton, Larry G. Epstein
Publication date: 1 November 1993
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.1993.1056
Related Items (53)
On stochastic independence under ambiguity ⋮ Dynamic consistency, valuable information and subjective beliefs ⋮ Minimizing regret in dynamic decision problems ⋮ Dynamically consistent preferences under imprecise probabilistic information ⋮ Dynamic consistency in incomplete information games under ambiguity ⋮ Weighted and quadratic models of choice under uncertainty ⋮ Dynamic semi-consistency ⋮ COURNOT OLIGOPOLY UNDER STRATEGIC UNCERTAINTY WITH OPTIMISTIC AND PESSIMISTIC FIRMS ⋮ Tail Optimality and Preferences Consistency for Intertemporal Optimization Problems ⋮ Subjective probability, confidence, and Bayesian updating ⋮ Utilitarianism, prioritarianism, and intergenerational equity: a cake eating model ⋮ Dynamic consistency and ambiguity: a reappraisal ⋮ Expanding state space and extension of beliefs ⋮ Weighted sets of probabilities and minimax weighted expected regret: a new approach for representing uncertainty and making decisions ⋮ Unrealized arbitrage opportunities in naive equilibria with non-Bayesian belief processes ⋮ Updating variational (Bewley) preferences ⋮ Information and capacities ⋮ Nest-monotonic two-stage acts and exponential probability capacities ⋮ Context dependence and consistency in dynamic choice under uncertainty: the case of anticipated regret ⋮ Asset pricing in a Lucas fruit-tree economy with the best and worst in mind ⋮ Dynamically consistent CEU preferences on \(f\)-convex events ⋮ Preference for flexibility and dynamic consistency ⋮ ``Agreeing to disagree type results: a decision-theoretic approach. ⋮ Dynamic consistency for non-expected utility preferences ⋮ Uncertainty aversion and equilibrium existence in games with incomplete information ⋮ The possibility of speculative trade between dynamically consistent agents. ⋮ Dynamically stable preferences ⋮ Uncertainty aversion and rationality in games of perfect information ⋮ Ambiguity aversion, games against nature, and dynamic consistency ⋮ A theory of quantifiable beliefs ⋮ CEU preferences and dynamic consistency ⋮ Update rules for convex risk measures ⋮ On dynamic consistency in ambiguous games ⋮ A life-cycle model with ambiguous survival beliefs ⋮ Stochastic dynamic utilities and intertemporal preferences ⋮ Bayesian coalitional rationalizability ⋮ Dutch book rationality conditions for conditional preferences under ambiguity ⋮ Learning under ambiguity: an experiment in gradual information processing ⋮ Conditional preferences and updating. ⋮ Recursive smooth ambiguity preferences ⋮ Updating confidence in beliefs ⋮ Ambiguity under growing awareness ⋮ Consequentialism and dynamic consistency in updating ambiguous beliefs ⋮ Updating pricing rules ⋮ Decomposable choice under uncertainty ⋮ Dynamically consistent objective and subjective rationality ⋮ Objective rationality and recursive multiple priors ⋮ Extensive form games with uncertainty averse players ⋮ A note on Kuhn's theorem with ambiguity averse players ⋮ On matrix probabilities in nonarchimedean decision theory ⋮ Coherent odds and subjective probability ⋮ Correlated equilibrium under uncertainty ⋮ The likelihood method for decision under uncertainty
This page was built for publication: Dynamically consistent beliefs must be Bayesian
