An Axiomatic Model of Non-Bayesian Updating
نویسندگان
چکیده
منابع مشابه
An Axiomatic Model of Non-Bayesian Updating
This paper models an agent in a three-period setting who does not update according to BayesRule, and who is self-aware and anticipates her updating behavior when formulating plans. The agent is rational in the sense that her dynamic behavior is derived from a stable preference order on a domain of state-contingent menus of acts. A representation theorem generalizes (the dynamic version of) Ans...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2006
ISSN: 1467-937X,0034-6527
DOI: 10.1111/j.1467-937x.2006.00381.x