Chambers, Christopher P.; Hayashi, Takashi - In: Journal of Economic Theory 145 (2010) 1, pp. 432-439
A subjective expected utility agent is given information about the state of the world in the form of a set of possible priors. She is assumed to form her beliefs given this information. A set of priors may be updated according to Bayes' rule, prior-by-prior, upon learning that some state of the...