Regular updating

Alain Chateauneuf (1, 2) , Thibault Gajdos (3, 4) , Jean-Yves Jaffray (5)

1 CES - Centre d'économie de la Sorbonne
2 Axe Economie mathématique et jeux
3 X-DEP-ECO - Département d'Économie de l'École Polytechnique
4 CERSES - UMR 8137 - Centre de recherche sens, ethique, société
5 DECISION

We study the Full Bayesian Updating rule for convex capacities. Following a route suggested by Jaffray (1992), we define some properties one may want to impose on the updating process, and identify the classes of (convex and strictly positive) capacities that satisfy these properties for the Full Bayesian updating rule.

Mots clés: Convex capacities

Domaines: Economies et finances

Alain Chateauneuf, Thibault Gajdos, Jean-Yves Jaffray. Regular updating. Theory and Decision, 2011, 71 (1), pp.111-128. ⟨10.1007/s11238-010-9203-x⟩. ⟨hal-00455779⟩