Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/31385 
Year of Publication: 
2004
Series/Report no.: 
Working Paper No. 04-5
Publisher: 
University of California, Department of Economics, Davis, CA
Abstract: 
We propose a logic based on three modal operators, representing intial beliefs, information and revised beliefs. Three simple and transparent axioms are used to provide a sound and complete axiomatization of the qualitative part of Bayes' rule. Some theorems of this logic are derived concerning the interaction between current beliefs and future beliefs. Information flows and iterated revision are also discussed.
Document Type: 
Working Paper

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