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Robert Aumann's agreement theorem and subsequent work shows that people who are rational in a certain Bayesian sense cannot agree to disagree on matters of fact, as long as there is common knowledge of this common rationality. This result hinges on a type of epistemic impartiality: a rational...
Persistent link: https://www.econbiz.de/10012863940
Persistent link: https://www.econbiz.de/10012624766
Purpose - Based on the fact that punishment and subsidy mechanisms affect the anti-epidemic incentives of major participants in a society, the issue of this paper is how the penalty and subsidy mechanisms affect the decisions of governments, businesses, and consumers during Corona Virus Disease...
Persistent link: https://www.econbiz.de/10014245489