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Towards a "sophisticated" model of belief dynamics

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Author Info
HILL, Brian ()

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Abstract

It is well-known that classical models of belief are not realistic representations of human doxastic capacity; equally, models of actions involving beliefs, such as decisions based on beliefs, or changes of beliefs, suffer from similar inaccuracies. In this paper, a general framework is presented which permits a more realistic modelling both of instantaneous states of belief, and of the operations involving them.

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Publisher Info
Paper provided by HEC Paris in its series Les Cahiers de Recherche with number 868.

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Length: 30 pages
Date of creation: 26 Oct 2006
Date of revision:
Handle: RePEc:ebg:heccah:0868

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Postal: HEC Paris, 78351 Jouy-en-Josas cedex, France
Web page: http://www.hec.fr/
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Related research
Keywords: Representations of belief; bounded rationality; logical omniscience; awareness; logical locality; belief dynamics; iterated revision; Gärdenfors postulates; rational choice theory; framing effect;

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Find related papers by JEL classification:
C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Statistical Decision Theory; Operations Research
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
D90 - Microeconomics - - Intertemporal Choice and Growth - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," Journal of Business, University of Chicago Press, vol. 59(4), pages S251-78, October. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Brian, HILL, 2007. "Dynamic Awareness," Les Cahiers de Recherche 881, HEC Paris. [Downloadable!]
  2. Hill, Brian, 2007. "Living without state-independence of utilities," Les Cahiers de Recherche 874, HEC Paris. [Downloadable!]
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