Distribute white and black hats in a dark room to a group of three rational players with each player having a fifty-fifty chance of receiving a hat of one colour or the other. Clearly, the chance that, as a result of this distribution, (A) "Not all hats are of the same colour" is 3/4. The light is switched on and all players can see the hats of the other persons, but not the colour of their own hats. Then no matter what combination of hats was assigned, at least one player will see two hats of the same colour. For her the chance that not all hats are of the same colour strictly depends on the colour of her own hat and hence equals 1/2. On Lewis's principal principle, a rational player will let her degrees of belief be determined by these ch...
Mechanism design enables a social planner to obtain a desired outcome by leveraging the players ’ ra...
This paper investigates the conventional wisdom that markets should allocate the rights for performi...
This paper investigates the conventional wisdom that markets would naturally allocate the rights for...
Abstract. Inspired by Todd Ebert’s problem of the hats, we construct a betting situation which seems...
Abstract in UndeterminedThe aim was to use Todd Ebert's Hats puzzle to devise a Dutch Book showing t...
Abstract The Puzzle of the Hats is a betting arrangement which seems to show that a Dutch book can b...
The Puzzle of the Hats is a betting arrangement which seems to show that a Dutch book can be made ag...
The Story of the Hats is a puzzle in social epistemology. It describes a situation in which a group ...
This paper formalizes de finetti’s book-making principle as a static individual preference condition...
It is a common view that the axioms of probability can be derived from the following assumptions: (a...
The traditional landscape of games of chance such as lotteries, betting, casinos and slots has becom...
Mechanism design enables a social planner to obtain a desired outcome by leveraging the players ’ ra...
the date of receipt and acceptance should be inserted later Abstract In the context of the Sleeping ...
We point out a yet unnoticed flaw in Dutch Book arguments that relates to a link between degrees of ...
The "Dutch Book" argument, tracing back to Rarnsey (1926) and deFinetti (1974), offers prudential gr...
Mechanism design enables a social planner to obtain a desired outcome by leveraging the players ’ ra...
This paper investigates the conventional wisdom that markets should allocate the rights for performi...
This paper investigates the conventional wisdom that markets would naturally allocate the rights for...
Abstract. Inspired by Todd Ebert’s problem of the hats, we construct a betting situation which seems...
Abstract in UndeterminedThe aim was to use Todd Ebert's Hats puzzle to devise a Dutch Book showing t...
Abstract The Puzzle of the Hats is a betting arrangement which seems to show that a Dutch book can b...
The Puzzle of the Hats is a betting arrangement which seems to show that a Dutch book can be made ag...
The Story of the Hats is a puzzle in social epistemology. It describes a situation in which a group ...
This paper formalizes de finetti’s book-making principle as a static individual preference condition...
It is a common view that the axioms of probability can be derived from the following assumptions: (a...
The traditional landscape of games of chance such as lotteries, betting, casinos and slots has becom...
Mechanism design enables a social planner to obtain a desired outcome by leveraging the players ’ ra...
the date of receipt and acceptance should be inserted later Abstract In the context of the Sleeping ...
We point out a yet unnoticed flaw in Dutch Book arguments that relates to a link between degrees of ...
The "Dutch Book" argument, tracing back to Rarnsey (1926) and deFinetti (1974), offers prudential gr...
Mechanism design enables a social planner to obtain a desired outcome by leveraging the players ’ ra...
This paper investigates the conventional wisdom that markets should allocate the rights for performi...
This paper investigates the conventional wisdom that markets would naturally allocate the rights for...