Products of Several Relative Probabilities
AbstractThis paper defines and develops the concept of a product dispersion over any finite number of dimensions. The concept itself is nontrivial because products over several dimensions cannot be constructed by an iterative binary operation. Yet the paper's most important contribution is to characterize product dispersions by means of monomials. This result is derived through elementary linear algebra, and can be used to characterize the consistency of beliefs in extensive-form games (Streufert (2006a)).
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Bibliographic InfoPaper provided by University of Western Ontario, Department of Economics in its series UWO Department of Economics Working Papers with number 20061.
Date of creation: 2006
Date of revision:
Contact details of provider:
Postal: Department of Economics, Reference Centre, Social Science Centre, University of Western Ontario, London, Ontario, Canada N6A 5C2
Phone: 519-661-2111 Ext.85244
Web page: http://economics.uwo.ca/research/research_papers/department_working_papers.html
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-02-12 (All new papers)
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.:
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- Peter A. Streufert, 2003.
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UWO Department of Economics Working Papers
20039, University of Western Ontario, Department of Economics.
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Levine's Working Paper Archive
237, David K. Levine.
- Peter A. Streufert, 2006. "Characterizing Consistency by Monomials and by Product Dispersions," UWO Department of Economics Working Papers 20062, University of Western Ontario, Department of Economics.
- Blume, Lawrence & Brandenburger, Adam & Dekel, Eddie, 1991. "Lexicographic Probabilities and Choice under Uncertainty," Econometrica, Econometric Society, vol. 59(1), pages 61-79, January.
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- Vieille, Nicolas, 1996. "Conditional Systems Revisited," International Journal of Game Theory, Springer, vol. 25(2), pages 207-17.
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