subsuming the traditional theory as a special case. -- Supply aggregation ; stochastic supply function ; stochastic consistency …We utilize the analytical construct of a stochastic supply function to provide an aggregate representation of a finite … collection of standard deterministic supply functions. We introduce a consistency postulate for a stochastic supply function that …

This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval …"This paper extends the widely used ordered choice model by introducing stochastic thresholds and interval …

Asymptotic and bootstrap tests are studied for testing whether there is a relation of stochastic dominance between two … is left is dominance. This also leads us to define and focus on restricted stochastic dominance, the only empirically … asymptotic tests so far proposed in the literature. -- stochastic dominance ; empirical likelihood ; bootstrap test …

of effects requires distribution metrics, such as stochastic dominance tests for ranking based on a wide range of … ; rehabilitation ; stochastic dominance ; treatment effects …

uniquely by stochastic choice data. The model is the only one for which the impact of removing any alternative a on the choice …

.e. unexpected changes in the drift and standard deviation of the stochastic process describing the dynamics of productivity, depends …

We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We …