The logic of belief and belief change: A decision theoretic approach

Stephen Morris

Research output: Contribution to journalArticlepeer-review

21 Scopus citations

Abstract

Savage [L. Savage, "The Foundations of Statistics," Wiley, New York, 1954] showed how properties of a decision maker's probabilistic beliefs can be deduced from primitive consistency axioms on preferences. This paper extends that approach and shows how logical properties of belief - which underlie economists' models of information and knowledge - can be related to properties of preferences. Journal of Economic Literature Classification Number: D80.

Original languageEnglish (US)
Pages (from-to)1-23
Number of pages23
JournalJournal of Economic Theory
Volume69
Issue number1
DOIs
StatePublished - Apr 1996

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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