Dietrich, Franz; List, Christian - Volkswirtschaftliche Fakultät, … - 2014
justified on procedural grounds, but not on epistemic grounds. Geometric and multiplicative pooling may be justified on … information, while multiplicative pooling can be justified if every individual's opinions are based solely on private information …. For each of these three ways, an axiomatic characterization result is presented (a new one in the case of multiplicative …