Com­mon Priors

WikiLast edit: 16 Sep 2020 17:13 UTC by Swimmer963 (Miranda Dixon-Luinenburg)

A precondition of Aumann’s agreement theorem and its numerous generalizations is that the agents must have the same priors. Without common priors, the agents can disagree easily. One can justify the assumption of common priors by noting that it would be awfully strange if rational beliefs could depend on seemingly arbitrary starting features of the agent.

See also

External References

Uncommon Priors Require Origin Disputes (PDF) by Robin Hanson

No comments.