Lexicographic probability, conditional probability, and nonstandard probability
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Publication:844918
DOI10.1016/J.GEB.2009.03.013zbMATH Open1208.60005arXivcs/0306106OpenAlexW2052257939MaRDI QIDQ844918FDOQ844918
Authors: Joseph Y. Halpern 
Publication date: 5 February 2010
Published in: Games and Economic Behavior (Search for Journal in Brave)
Abstract: The relationship between Popper spaces (conditional probability spaces that satisfy some regularity conditions), lexicographic probability systems (LPS's), and nonstandard probability spaces (NPS's) is considered. If countable additivity is assumed, Popper spaces and a subclass of LPS's are equivalent; without the assumption of countable additivity, the equivalence no longer holds. If the state space is finite, LPS's are equivalent to NPS's. However, if the state space is infinite, NPS's are shown to be more general than LPS's.
Full work available at URL: https://arxiv.org/abs/cs/0306106
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