Objective Subjective Probabilities

This note shows that if the space of events is sufficiently rich and the subjective probability function of each individual is non-atomic, then there is a sigma-algebra of events over which everyone will have the same probability function, and moreover, the range of these probabilities is the whole [0, 1] segment.

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Year of publication:	2005-08-02
Authors:	Segal, Uzi ; Border, Kim C. ; Ghirardato, Paolo
Institutions:	Department of Economics, Boston College

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Extent:	application/pdf
Series:	Boston College Working Papers in Economics.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Boston College Working Papers in Economics Number 616 6 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005074166