Unforeseen Evidence
July 16, 2019 ยท Declared Dead ยท ๐ Journal of Economics Theory
"No code URL or promise found in abstract"
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Authors
Evan Piermont
arXiv ID
1907.07019
Category
econ.TH
Cross-listed
cs.AI
Citations
9
Venue
Journal of Economics Theory
Last Checked
1 month ago
Abstract
I propose a normative updating rule, extended Bayesianism, for the incorporation of probabilistic information arising from the process of becoming more aware. Extended Bayesianism generalizes standard Bayesian updating to allow the posterior to reside on richer probability space than the prior. I then provide an observable criterion on prior and posterior beliefs such that they were consistent with extended Bayesianism.
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