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We characterize the prekernel of NTU games by means of consistency, converse consistency, and five axioms of the Nash …
Persistent link: https://www.econbiz.de/10005827494
order preservation does not always hold in this setting. However, we show that, among rules satisfying consistency and …
Persistent link: https://www.econbiz.de/10005835252
investigate the consistency of these estimates. Our main finding is that there is, in general, considerable variation at the …
Persistent link: https://www.econbiz.de/10010678602
We consider the problem of dividing the cost of a facility when agents can be ordered in terms of the need they have for it, and accommodating an agent with a certain need allows accommodating all agents with lower needs at no extra cost. This problem is known as the “airport problem”, the...
Persistent link: https://www.econbiz.de/10005808158
We analyze a consistent two-factor model for pricing temperature derivatives that incorporates the forward looking information available in the market by specifying a model for the dynamics of the complete meteorological forecast curve. The two-factor model is a generalization of the...
Persistent link: https://www.econbiz.de/10011145246
An antimedian of a profile $\\pi = (x_1, x_2, \\ldots , x_k)$ of vertices of a graph $G$ is a vertex maximizing the sum of the distances to the elements of the profile. The antimedian function is defined on the set of all profiles on $G$ and has as output the set of antimedians of a profile. It...
Persistent link: https://www.econbiz.de/10011149257
Moderation analysis is widely used in social and behavioral research. The most commonly used model for moderation analysis is moderated multiple regression (MMR) in which the explanatory variables of the regression model include product terms, and the model is typically estimated by least...
Persistent link: https://www.econbiz.de/10011151905
A simulation model that represents belief change within a population of agents who are connected by a social network is presented based on Thagard's theory of explanatory coherence. In this model there are a fixed number of represented beliefs, each of which are either held or not by each agent....
Persistent link: https://www.econbiz.de/10011010857