Agreeing to Disagree
Robert J. Aumann
Source: Ann. Statist. Volume 4, Number 6
(1976), 1236-1239.
Abstract
Two people, 1 and 2, are said to have common knowledge of an event $E$ if both know it, 1 knows that 2 knows it, 2 knows that 1 knows is, 1 knows that 2 knows that 1 knows it, and so on. THEOREM. If two people have the same priors, and their posteriors for an event $A$ are common knowledge, then these posteriors are equal.
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Keywords: Information; subjective probability; posterior; statistics; game theory; revising probabilities; concensus; Harsanyi doctrine
Full-text: Open access
Links and Identifiers
Permanent link to this document: http://projecteuclid.org/euclid.aos/1176343654
JSTOR: links.jstor.org
Digital Object Identifier: doi:10.1214/aos/1176343654
Mathematical Reviews number (MathSciNet): MR433654
Zentralblatt MATH identifier: 0379.62003