Feasible Joint Posterior Beliefs

Sandomirskiy Fedor
Sandomirskiy Fedor

EC '20: The 21st ACM Conference on Economics and Computation Virtual Event Hungary July, 2020, pp. 6432020.

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Abstract:

We study the set of possible joint posterior belief distributions of a group of agents who share a common prior regarding a binary state and who observe some information structure. Our main result is that, for the two-agent case, a quantitative version of Aumann's Agreement Theorem provides a necessary and sufficient condition for feasibi...More

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