Abstract
We study methods for constructing a story from partial evidence where a story is defined as a path along a finite directed graph from the origin to a terminal node. Each node in the graph represents a possible event. A story builder receives evidence, i.e. a subset of events consistent with at least one story, and expands it into a coherent story. The analysis focuses on a stickiness property whereby if the story builder believes in a particular story, given a certain set of facts, then he believes in it given a broader set of facts consistent with the story.
Original language | English (US) |
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Article number | 105211 |
Journal | Journal of Economic Theory |
Volume | 193 |
DOIs | |
State | Published - Apr 2021 |
Keywords
- Non-Bayesian beliefs
- Story builder
ASJC Scopus subject areas
- Economics and Econometrics