Products of Several Relative Probabilities
This 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)).
|Date of creation:||2006|
|Contact details of provider:|| Postal: Department of Economics, Reference Centre, Social Science Centre, University of Western Ontario, London, Ontario, Canada N6A 5C2|
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References listed on IDEAS
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- Peter A. Streufert, 2004.
"Products of Representations Characterize the Products of Dispersions and the Consistency of Beliefs,"
Econometric Society 2004 North American Summer Meetings
548, Econometric Society.
- Peter A. Streufert, 2003. "Products of Representations Characterize the Products of Dispersions and the Consistency of Beliefs," UWO Department of Economics Working Papers 20039, University of Western Ontario, Department of Economics.
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Levine's Working Paper Archive
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World Scientific Book Chapters,
in: The Language of Game Theory Putting Epistemics into the Mathematics of Games, chapter 6, pages 137-160
World Scientific Publishing Co. Pte. Ltd..
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590, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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- McLennan, Andrew, 1989. "The Space of Conditional Systems is a Ball," International Journal of Game Theory, Springer;Game Theory Society, vol. 18(2), pages 125-139.
- 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.
- Vieille, Nicolas, 1996. "Conditional Systems Revisited," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(2), pages 207-217.
- W. M. Gorman, 1968. "The Structure of Utility Functions," Review of Economic Studies, Oxford University Press, vol. 35(4), pages 367-390.
- Monderer, Dov & Samet, Dov & Shapley, Lloyd S, 1992. "Weighted Values and the Core," International Journal of Game Theory, Springer;Game Theory Society, vol. 21(1), pages 27-39.
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