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We propose to strengthen Popper's notion of falsifiability by adding the requirement that when an observation is inconsistent with a theory, there must be a "short proof" of this inconsistency. We model the concept of a short proof using tools from computational complexity, and provide some...
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In most implementation frameworks, agents care only about the outcome and not at all about the way in which it was obtained. Additionally, typical mechanisms for full implementation involve the complete revelation of all private information to the planner. In this paper I consider the problem of...
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A self-proclaimed expert uses past observations of a stochastic process to make probabilistic predictions about the process. An inspector applies a test function to the infinite sequence of predictions provided by the expert and the observed realization of the process in order to check the...
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In most implementation frameworks agents care only about the outcome, and not at all about the way in which it was obtained. Additionally, typical mechanisms for full implementation involve the complete revelation of all private information to the planner. In this paper I consider the problem of...
Persistent link: https://www.econbiz.de/10014163659