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Conditioning and the Sure-Thing Principle

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  • Robert J. Aumann
  • Sergiu Hart
  • Motty Perry

Abstract

This paper undertakes a careful examination of the concept of conditional probability and its use. The ideas are then applied to resolve a conceptual puzzle related to Savage's "Sure-Thing Principle."
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert J. Aumann & Sergiu Hart & Motty Perry, 2005. "Conditioning and the Sure-Thing Principle," Levine's Bibliography 784828000000000193, UCLA Department of Economics.
  • Handle: RePEc:cla:levrem:784828000000000193
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    File URL: http://www.ma.huji.ac.il/hart/papers/stp.pdf
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    References listed on IDEAS

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    1. Cramton, Peter & Stoft, Steven, 2005. "A Capacity Market that Makes Sense," The Electricity Journal, Elsevier, vol. 18(7), pages 43-54.
    2. Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
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    Cited by:

    1. Samet, Dov, 2010. "Agreeing to disagree: The non-probabilistic case," Games and Economic Behavior, Elsevier, vol. 69(1), pages 169-174, May.
    2. Tarbush, Bassel, 2011. "Agreeing to disagree with generalised decision functions," MPRA Paper 29066, University Library of Munich, Germany.
    3. Tsakas, Elias & Voorneveld, Mark, 2011. "On consensus through communication without a commonly known protocol," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 733-739.
    4. Tsakas, Elias & Voorneveld, Mark, 2007. "Efficient communication, common knowledge, and consensus," Working Papers in Economics 255, University of Gothenburg, Department of Economics.

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