IID: independently and indistinguishably distributed
نویسندگان
چکیده
منابع مشابه
IID: independently and indistinguishably distributed
The inability of the Bayesian model to accommodate Ellsberg-type behavior is well-known. This paper focuses on another limitation of the Bayesian model, specific to a dynamic setting, namely the inability to permit a distinction between experiments that are identical and those that are only indistinguishable. It is shown that such a distinction is afforded by recursive multiple-priors utility. ...
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We propose a model of distributed timed systems where each component is a timed automaton with a set of local clocks that evolve at a rate independent of the clocks of the other components. A clock can be read by any component in the system, but it can only be reset by the automaton it belongs to. There are two natural semantics for such systems. The universal semantics captures behaviors that ...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2003
ISSN: 0022-0531
DOI: 10.1016/s0022-0531(03)00121-2