2 papers
econ.TH2026
Vague Knowledge: Information without Transitivity and Partitions
Kerry Xiao
I relax the standard assumptions of transitivity and partition structure in economic models of information to formalize vague knowledge: non-transitive indistinguishability over st…
econ.GN2025
Vague Knowledge: Evidence from Analyst Reports
Kerry Xiao, Amy Zang
People in the real world often possess vague knowledge of future payoffs, for which quantification is not feasible or desirable. We argue that language, with differing ability to c…