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Research Report No. 2002-11
The University of Western Ontario, Department of Economics, London (Ontario)
Suppose that there are n states, each denoted by i Є {1,2,...n}. This paper shows that the function [pi]i Є E → [Σj ≠ i pii, j}] i is a homeomorphism from the set of conditional probability systems onto the convex hull of all permutations of the n-dimensional vector (0,1,2,...n-1).
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Working Paper

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