Extreme coherent laws are 2 by 2 laws
Let be the compact convex set of coherent probability laws of on , and let denote its extreme points. A law is a law if is supported on at most two values of and at most two values of . Extreme-law conjecture. Every law in is a law. Characterizing the extreme coherent laws is presented as an open problem, and the source gives no resolution of this stronger particular assertion.
References
Primary source
Krzysztof Burdzy and Jim Pitman, “Bounds on the probability of radically different opinions”, arXiv:1903.07773 (2019).
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