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of the paper applies refinement derivatives to the calculation of value of games. Following Hart and Mas-Colell (1989 …
Persistent link: https://www.econbiz.de/10005405549
intensity. Dependence is modelled through copula functions. We consider Archimedean single and multi-parameter copulas. We find … also its features - as measured by the copula - change across generations: the best-fit Archimedean copula is not the same … across generations. Moreover, for all the generations under exam the single-parameter copula is dominated by the two …
Persistent link: https://www.econbiz.de/10010555103