With the “Internet +” era of arrival, the major colleges and universities are in the construction of the wisdom of the campus, students and teachers living with the campus network is more and more closely related, Campus network security has become the protection of the wisdom of the campus...

We derive necessary and sufficient conditions for data sets composed of state-contingent prices and consumption to be consistent with two prominent models of decision making under uncertainty: variational preferences and smooth ambiguity. The revealed preference conditions for subjective...

Many studies document failures of expected utility’s key assumption, the independence axiom. Here, we show that independence can be decomposed into two distinct axioms - betweenness and homotheticity - and that these two axioms are necessary and sufficient for independence. Thus, independence...