The present paper is devoted to the study of the hybrids of empirical and partial sums processes. In the first part, we present a synthesis of results related to these processes and their connection with the empirical and compound process. We obtain new results on the precise asymptotics in the...

The S-Curve hypothesis postulates that while the cross-correlation between the current exchange rate and future values of the trade balance could be positive, the same correlation between the current exchange rate and past values of the trade balance could be negative. In this paper we decompose...

A model which explains data that is subject to sudden structural changes of unspecified nature is presented. The structural shifts are generated by a random walk component whose innovations belong to the normal domain of attraction of a symmetric stable law. To test the model against the...

We introduce the class of multisided Böhm-Bawerk assignment games which generalizes the well-known two-sided Böhm-Bawerk assignment games to markets with an arbitrary number of sectors. We reach the core and the corresponding extreme allocations of any multisided Böhm-Bawerk assignment game...

In this paper, we present a simple method for finding the extreme points of various types of incomplete attribute weights. Incomplete information about attribute weights is transformed by a sequence of change of variables to a set whose extreme points are readily found. This enhanced method...

We consider the n-player houseswapping game of Shapley-Scarf (1974), with indifferences in preferences allowed. It is well-known that the strict core of such a game may be empty, single-valued, or multivalued. We define a condition on such games called "segmentability", which means that the set...