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Objective Subjective Probabilities

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 (Unpublished) https://resolver.caltech.edu/CaltechAUTHORS:20170808-151011915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)
ORCID:
AuthorORCID
Border, Kim C.0000-0003-4437-0524
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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