Title
Products of Several Relative Probabilities
Document Type
Report
Publication Date
2-2006
Abstract
This paper defines and develops the concept of a product dispersion over any finite number of dimensions. The concept itself is nontrivial because products over several dimensions cannot be constructed by an iterative binary operation. Yet the paper's most important contribution is to characterize product dispersions by means of monomials. This result is derived through elementary linear algebra, and can be used to characterize the consistency of beliefs in extensive-form games (Streufert (2006a)).