Identifying subjective beliefs in subjective state space models

B-Tier
Journal: Games and Economic Behavior
Year: 2016
Volume: 95
Issue: C
Pages: 59-72

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper takes the Dekel, Lipman, and Rustichini (2001) framework, in which subjective beliefs over subjective states cannot be identified, and proves a conjecture made in their paper: if the Bernoulli utility functions are additively separable and one of the terms is state-independent, then beliefs are uniquely identified. The main departure from existing literature is that beliefs are identified without imposing extra objective elements into the model.

Technical Details

RePEc Handle
repec:eee:gamebe:v:95:y:2016:i:c:p:59-72
Journal Field
Theory
Author Count
1
Added to Database
2026-01-29