Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5100153 | Journal of Economic Theory | 2017 | 5 Pages |
Abstract
We show, by means of a counterexample, that Propositions 3, 4, and 7 in Gul (1996) [G96] are incorrect. Our example is also a counterexample to Lemma 1 in G96, which is the basis for the proofs of these propositions. We provide insight for the source of the problem in the definition of a perfect Ï-theory in G96, and then offer a modification that restores these results in G96.
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Social Sciences and Humanities
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Economics and Econometrics
Authors
Xiao Luo, Yongchuan Qiao,