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Household surveys are often plagued by item non-response on economic variables of interest like income, savings or the amount of wealth. Manski (1989, 1994, 1995) shows how, in the presence of such non-response, bounds on conditional quantiles of the variable of interest can be derived, allowing...
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We introduce a spatial cost topology in the network formation model analyzed by Jackson and Wolinsky, Journal of Economic Theory 71 (1996), 44-74. This cost topology might represent geographical, social, or individual differences. It describes variable costs of establishing social network...
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This paper generalizes the results of Suijs, De Waegenaere and Borm (1998) to arbitrary risks. It provides Pareto optimal allocations and shows that the zero utility premium calculation principle yields a core-allocation.
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