Since at least de Finetti [7], preference symmetry assumptions have played an important role in models of decision … making under uncertainty. In the current paper, we explore (1) the relationship between the symmetry assumption of Klibanoff …, Mukerji and Seo (KMS) [21] and alternative symmetry assumptions in the literature, and (2) assuming symmetry, the relationship …

This paper investigates the problem of testing for the symmetry of linear time series driven by asymmetric innovations …. In particular, we examine the performance of alternative symmetry tests when innovations are fat tailed. Among the tests …