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Agreeable trade with pessimism and optimism

Lefort, Jean-Philippe; Dominiak, Adam; Eichberger, Jürgen - Université Paris-Dauphine (Paris IX) - 2012

In this paper we extend the results on ex-ante agreeable trade of Kajii and Ui [Kajii, A., Ui, T., 2006. Agreeable bets with multiple priors. Journal of Economic Theory 128, 299–305] to the case of non-convex Choquet preferences. We discuss the economic relevance of the main result for the...

Persistent link: https://www.econbiz.de/10011072959

The Minkowski Difference of the Core of Coalitional Games in the Infinite Case

Lefort, Jean-Philippe - Université Paris-Dauphine (Paris IX) - 2009

Persistent link: https://www.econbiz.de/10010707282

The housing problem and revealed preference theory: duality and an application

Ekeland, Ivar; Galichon, Alfred - Université Paris-Dauphine (Paris IX) - 2013

geometrical characterization of the rationalizability of experiment data is given. This allows in turn to give new indices of …

Persistent link: https://www.econbiz.de/10011074076

Afriat's theorem for general budget sets

Forges, Françoise; Minelli, Enrico - Université Paris-Dauphine (Paris IX) - 2009

Afriat proved the equivalence of a variant of the strong axiom of revealed preference and the existence of a solution to a set of linear inequalities. From this solution he constructed a utility function rationalizing the choices of a competitive consumer. We extend Afriat's theorem to a class...

Persistent link: https://www.econbiz.de/10010706621

Essential Data, Budget Sets and Rationalization

Forges, Françoise; Iehlé, Vincent - Université Paris-Dauphine (Paris IX) - 2013

feasibility matrix associated with his choices is cyclically consistent. An ”essential experiment” consists of observed … consumption bundles (x1,xn) and a feasibility matrix α. Starting with a standard experiment, in which the economist has speciﬁc … rationalizing the experiment, namely, the cyclical consistency of the associated feasibility matrix, is equivalent to the existence …

Persistent link: https://www.econbiz.de/10011072004

Afriat's theorem for indivisible goods

Iehlé, Vincent; Forges, Françoise - Université Paris-Dauphine (Paris IX) - 2014

We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that the new axiom (DARP, for "discrete axiom of revealed preference") is necessary and sufficient for the rationalization of the data by a well-behaved utility function. Our...

Persistent link: https://www.econbiz.de/10011072763

Decreasing term structure of psychological discount rates: Experimental estimation and determinants

de La Bruslerie, Hubert - Université Paris-Dauphine (Paris IX) - 2015

Many empirical and behavioral studies identify a decreasing slope in the term structure of subjective discount rates. Using an experimental methodology based on “free-time” relative comparisons, this paper aims to identify in individual behaviors whether agents see their psychological value...

Persistent link: https://www.econbiz.de/10011246085

Administration in Organizations

Thoenig, Jean-Claude - Université Paris-Dauphine (Paris IX) - 2015

Administration in organizations emerged as a specific field of inquiry for social sciences in the middle of the twentieth century. Herbert Simon has defined a program that allows social sciences to move from principles to concepts about action and action taking. Four main perspectives of...

Persistent link: https://www.econbiz.de/10011205321

Bank loan officers' informational needs and mandatory accounting information

Rougès, Véronique - Université Paris-Dauphine (Paris IX) - 2006

Banks are supposed to respond to imperfect information in credit markets. They are thought to access private information and to create additional information through credit granting.This means two things. First, mandatory accounting information is not sufficient to create a state of perfect...

Persistent link: https://www.econbiz.de/10010861506

A Decision-oriented model of software engineering processes

Toffolon, Claudine; Ben Dhaou Dakhli, Salem - Université Paris-Dauphine (Paris IX) - 2007

role in supporting operational and decision processes. Nevertheless, despite the large part of organizations resources … technical orientation. In this paper, we present a decision-oriented model of software engineering process that integrates the …

Persistent link: https://www.econbiz.de/10011072844