Dense Orbits of the Bayesian Updating Group Action
Keyword(s):
We study dynamic properties of the group action on the simplex that is induced by Bayesian updating. We show that, generically, the orbits are dense in the simplex, although one must make use of the entire group, hence departing from straightforward Bayesian updating. We demonstrate also the necessity of the genericity of the signalling structure, a relationship to descriptive set theoretical concepts, and applications thereof to repeated games of incomplete information, as well a strengthening concerning the group action on itself.
1998 ◽
Vol 27
(3)
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pp. 343-357
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2001 ◽
Vol 40
(2)
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pp. 516-524
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2011 ◽
Vol 41
(1)
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pp. 195-207
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Keyword(s):
1982 ◽
Vol 11
(3-4)
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pp. 203-213
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Keyword(s):
2014 ◽
Vol 43
(4)
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pp. 767-789
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1985 ◽
Vol 10
(1)
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pp. 117-153
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1980 ◽
Vol 9
(4)
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pp. 201-215
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