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- W2162744637 abstract "In Aumann [1987], it is asserted that for those who adhere to the “. . .Bayesian view of the world, the notion of equilibrium is an unavoidable consequence. . . ” I discuss two possible interpretations of the information model and show that neither interpretation supports this assertion. The hierarchy representation interpretation renders the prior stage meaningless and hence both the key assumption of Aumann’s theory and its conclusion become impossible to interpret. The prior interpretation, on the other hand, is distinctively non-Bayesian. Furthermore, both the common prior assumption and the notion of having beliefs over one’s own actions are problematic in the latter interpretation." @default.
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- W2162744637 date "1998-07-01" @default.
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- W2162744637 title "A Comment on Aumann's Bayesian View" @default.
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- W2162744637 doi "https://doi.org/10.2307/2999578" @default.
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