Counterfactuals in “agreeing to disagree” type results

Moses and Nachum (1990) identified conceptual flaws (later echoed by Samet, 2010) in Bacharach's (1985) generalization of Aumann's (1976) seminal “agreeing to disagree” result by demonstrating that the crucial assumptions of like-mindedness and the Sure-Thing Principle are not meaningfully...

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Main Author: Tarbush, B
Format: Journal article
Published: Elsevier 2016
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author Tarbush, B
author_facet Tarbush, B
author_sort Tarbush, B
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description Moses and Nachum (1990) identified conceptual flaws (later echoed by Samet, 2010) in Bacharach's (1985) generalization of Aumann's (1976) seminal “agreeing to disagree” result by demonstrating that the crucial assumptions of like-mindedness and the Sure-Thing Principle are not meaningfully expressible in standard partitional information structures. This paper presents a new agreement theorem couched in “counterfactual information structures” that resolves these conceptual flaws. The new version of the Sure-Thing Principle introduced here, which accounts for beliefs at counterfactual states, is also shown to sit well with the intuition of the original version proposed by Savage (1972).
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spelling oxford-uuid:9cda5727-ebac-4026-bc76-5fed4a68bd382022-03-27T00:38:59ZCounterfactuals in “agreeing to disagree” type resultsJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:9cda5727-ebac-4026-bc76-5fed4a68bd38Symplectic Elements at OxfordElsevier2016Tarbush, BMoses and Nachum (1990) identified conceptual flaws (later echoed by Samet, 2010) in Bacharach's (1985) generalization of Aumann's (1976) seminal “agreeing to disagree” result by demonstrating that the crucial assumptions of like-mindedness and the Sure-Thing Principle are not meaningfully expressible in standard partitional information structures. This paper presents a new agreement theorem couched in “counterfactual information structures” that resolves these conceptual flaws. The new version of the Sure-Thing Principle introduced here, which accounts for beliefs at counterfactual states, is also shown to sit well with the intuition of the original version proposed by Savage (1972).
spellingShingle Tarbush, B
Counterfactuals in “agreeing to disagree” type results
title Counterfactuals in “agreeing to disagree” type results
title_full Counterfactuals in “agreeing to disagree” type results
title_fullStr Counterfactuals in “agreeing to disagree” type results
title_full_unstemmed Counterfactuals in “agreeing to disagree” type results
title_short Counterfactuals in “agreeing to disagree” type results
title_sort counterfactuals in agreeing to disagree type results
work_keys_str_mv AT tarbushb counterfactualsinagreeingtodisagreetyperesults