Ergodic Theorems for Lower Probabilities
Simone Cerreia-Vioglio,
Fabio Maccheroni and
Massimo Marinacci
No 500, Working Papers from IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University
Abstract:
We establish an Ergodic Theorem for lower probabilities, a generalization of standard probabilities widely used in applications. As an application, we provide a version for lower probabilities of the Strong Law of Large Numbers.
Date: 2013
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