entropy cost functions that better match this feature of the data and that retain key simplifying features of the Shannon …

preferences, habits, and jumps. The metrics describe the pricing kernel's dispersion (the entropy of the title) and dynamics (time … dependence, a measure of how entropy varies over different time horizons). We show how each model generates entropy and time … approximations -- clarifies the mechanisms underlying these models. It also reveals, in some cases, tension between entropy, which …

We present a conceptual framework to better understand the interaction between settlement and the emergence of de facto … depending on the violence potentials of de facto and de jure claimants. We examine land settlement and conflict on the frontiers … relatively peaceful where claimants have reasons to organize collectively (Australia and the U.S.). The settlement process will …