A Note on Approximating Agreeing to Disagree Results with Common p-Beliefs
AbstractMonderer and samet (1989) generalize Aumann's (1976) agreeing to disagree result for the case of beliefs. They show that if the posteriors of an event are "common p-blief" then they cannot differ by more than 2(1-p). We provide a different proof of this result with a lower bound of 1-p. An example which attains this bound is provided.
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Bibliographic InfoPaper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1029.
Date of creation: Jan 1993
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Postal: Center for Mathematical Studies in Economics and Management Science, Northwestern University, 580 Jacobs Center, 2001 Sheridan Road, Evanston, IL 60208-2014
Web page: http://www.kellogg.northwestern.edu/research/math/
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- Zvika Neeman, 1993.
"Common Beliefs and the Existence of Speculative Trade,"
1052, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Neeman, Zvika, 1996. "Common Beliefs and the Existence of Speculative Trade," Games and Economic Behavior, Elsevier, vol. 16(1), pages 77-96, September.
- Yi-Chun Chen & Alfredo Di Tillio & Eduardo Faingold & Siyang Xiong, 2012.
"The Strategic Impact of Higher-Order Beliefs,"
Cowles Foundation Discussion Papers
1875, Cowles Foundation for Research in Economics, Yale University.
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