Now showing items 1-6 of 6

    • A Theory of Subjective Learning 

      Dillenberger, D; Lleras, J; Sadowski, Philipp; Takeoka, N (Economic Research Initiatives at Duke (ERID), 2012-08-31)
      We study an individual who faces a dynamic decision problem in which the process of information arrival is unobserved by the analyst. We derive two utility representations of preferences over menus of acts that capture the ...
    • A theory of subjective learning 

      Dillenberger, D; Lleras, JS; Sadowski, Philipp; Takeoka, N (Journal of Economic Theory, 2014-01-01)
      We study an individual who faces a dynamic decision problem in which the process of information arrival is unobserved by the analyst. We elicit subjective information directly from choice behavior by deriving two utility ...
    • Generalized Partition and Subjective Filtration 

      Dillenberger, D; Sadowski, Philipp (Economic Research Initiatives at Duke (ERID), 2012-09-13)
      We study an individual who faces a dynamic decision problem in which the process of information arrival is unobserved by the analyst, and hence should be identified from observed choice data. An information structure is ...
    • Inertial Behavior and Generalized Partition 

      Dillenberger, D; Sadowski, Philipp (Economic Research Initiatives at Duke (ERID), 2016-05-01)
      We call behavior inertial if it does not react to the apparent arrival of relevant information. In a context where the precise information content of signals is subjective, we formulate an axiom that captures inertial behavior, ...
    • Subjective Dynamic Information Constraints 

      Dillenberger, D; Krishna, R; Sadowski, Philipp (Economic Research Initiatives at Duke (ERID), 2016-04-03)
      We axiomatize a new class of recursive dynamic models that capture subjective constraints on the amount of information a decision maker can obtain, pay attention to, or absorb, via a Markov Decision Process for Information ...
    • Supplement to 'Subjective Dynamic Information Constraints' 

      Dillenberger, D; Krishna, R; Sadowski, Philipp (Economic Research Initiatives at Duke (ERID), 2016-04-01)
      Supplement to "Subjective Dynamic Information Constraints" (http://ssrn.com/abstract=2774300). All references to definitions and results in this Supplement refer to Dillenberger, Krishna, and Sadowski (2016, henceforth DKS) ...