A Note On Imperfect Recall

Ken Binmore

ELSE working papers from ESRC Centre on Economics Learning and Social Evolution

Abstract: The Paradox of the Absent-Minded Driver is used in the literature to draw attention to the inadequacy of Savage's theory of subjective probability when its underlying epistomological assumptions fail to be satisfied. This note suggests that the paradox is less telling when the uncertainties involved admit an objective interpretation as frequencies.

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