A SUBJECTIVE PROBABILITY CONVERGES TO THE OBJECTIVE PROBABILITY

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概要

• 論文の詳細を見る

• NoteIn this paper we formulate an uncertain situation for an agent and investigate a learning process which is formed from his or her knowledge structure. The purpose of this paper is to prove that his or her subjective probability converges to the true distribution which governs the uncertain states, whenever he or she updates his or her forecast by a rational learning. This result means that even if individuals do not have the same prior, they will come to have a common posterior.

• 慶應義塾大学の論文

著者

• Utsumi Yukihisa

  Graduate School Of Economics Keio University

関連論文

• The Core Equals Strong Equilibria in a Public Goods Economy
• The Regulated Strong Equilibria and Cores in a Public Goods Economy
• A SUBJECTIVE PROBABILITY CONVERGES TO THE OBJECTIVE PROBABILITY

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