Border, Kim C. and Ghirardato, Paolo and Segal, Uzi (2005) Objective Subjective Probabilities. Social Science Working Paper, 1228. California Institute of Technology , Pasadena, CA. (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170808-151011915
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Abstract
This note shows that if the space of events is sufficiently rich and the subjective probability measure of each individual is non-atomic, then there is a σ-algebra of events on which everyone will have the same probability, and moreover, the range of these probabilities is the entire segment [0, 1].
| Item Type: | Report or Paper (Working Paper) | ||||
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| Group: | Social Science Working Papers | ||||
| Subject Keywords: | Subjective probability, objective probability, Dubins–Spanier theorem, fair division | ||||
| Series Name: | Social Science Working Paper | ||||
| Issue or Number: | 1228 | ||||
| Classification Code: | JEL: D800 | ||||
| Record Number: | CaltechAUTHORS:20170808-151011915 | ||||
| Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20170808-151011915 | ||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | ||||
| ID Code: | 79964 | ||||
| Collection: | CaltechAUTHORS | ||||
| Deposited By: | Hanna Storlie | ||||
| Deposited On: | 09 Aug 2017 18:22 | ||||
| Last Modified: | 03 Oct 2019 18:26 |
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