On the existence of the ex post symmetric random entry model (Q2201697)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On the existence of the ex post symmetric random entry model |
scientific article |
Statements
On the existence of the ex post symmetric random entry model (English)
0 references
17 September 2020
0 references
The author proves that there exist random entry models under which agents have identical posterior belief about the underlying states, although they are not ex ante symmetric. The form of the posterior belief is uniquely pinned down by ex post symmetry and a stationarity condition.
0 references
random entry
0 references
ex post symmetry
0 references
learning
0 references
reputation
0 references
