Posteriors in Limited Time

نویسندگان

چکیده

This paper obtains a measure-theoretic restriction that must be satisfied by prior probability measure for posteriors to computed in limited time. Specifically, it is shown the factorizable. Factorizability set of independence conditions events sample space allows agents calculate using only subset dataset. The result has important implications models mathematical economics and finance rely on common prior. If one introduces time Aumann’s famous Agreeing Disagree setup, sees checking factorizability requires have access every event space, thus severely limiting scope agreement result.

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ژورنال

عنوان ژورنال: AppliedMath

سال: 2022

ISSN: ['2673-9909']

DOI: https://doi.org/10.3390/appliedmath2040041