Towards a "sophisticated" model of belief dynamics
AbstractIt 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by HEC Paris in its series Les Cahiers de Recherche with number 868.
Length: 30 pages
Date of creation: 26 Oct 2006
Date of revision:
Representations of belief; bounded rationality; logical omniscience; awareness; logical locality; belief dynamics; iterated revision; Gärdenfors postulates; rational choice theory; framing effect;
Find related papers by JEL classification:
- C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- D90 - Microeconomics - - Intertemporal Choice - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-28 (All new papers)
- NEP-CBE-2007-04-28 (Cognitive & Behavioural Economics)
- NEP-HPE-2007-04-28 (History & Philosophy of Economics)
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.:
- Tversky, Amos & Kahneman, Daniel, 1986. "Rational Choice and the Framing of Decisions," The Journal of Business, University of Chicago Press, University of Chicago Press, vol. 59(4), pages S251-78, October.
- Brian, HILL, 2007. "Dynamic Awareness," Les Cahiers de Recherche, HEC Paris 881, HEC Paris.
- Brian Hill, 2009.
"Living without state-independence of utilities,"
Theory and Decision, Springer,
Springer, vol. 67(4), pages 405-432, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sandra Dupouy).
If references are entirely missing, you can add them using this form.