Agreeing to disagree with lexicographic prior beliefs

@article{Bach2013AgreeingTD,
  title={Agreeing to disagree with lexicographic prior beliefs},
  author={Christian W. Bach and Andr{\'e}s Perea},
  journal={Mathematical Social Sciences},
  year={2013},
  volume={66},
  pages={129-133}
}
The robustness of Aumann’s seminal agreement theorem with respect to the common prior assumption is considered. More precisely, we show by means of an example that two Bayesian agents with almost identical prior beliefs can agree to completely disagree on their posterior beliefs. Besides, a more detailed agent model is introduced where posterior beliefs are formed on the basis of lexicographic prior beliefs. We then generalize Aumann’s agreement theorem to lexicographic prior beliefs and show… CONTINUE READING

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