Showing 1 - 10 of 28
introduce a new con-dition, called regularity, that is simple and easy to verify. It is implied both by Reny's better …-reply security and Simon and Zame's endogenous sharing rule method. Regularity implies that the limits of €-equilibria are equilibria … identify extra conditions that, together with regularity, are sufficient for equilibrium existence. One is the marginal …
Persistent link: https://www.econbiz.de/10010282886
conditional expectations. As an example we consider the class of conditional entropic risk measures. A new regularity property of …
Persistent link: https://www.econbiz.de/10010263581
regularity. We identify a restriction on the domain of the stochastic choice correspondence, under which contraction consistency …
Persistent link: https://www.econbiz.de/10010269469
-particle system. It follows that it is important to examine whether there is any regularity hidden in the phase transition of the …
Persistent link: https://www.econbiz.de/10011403572
regularity for dynamic stochastic games and exploit a simple connection between normal form and dynamic stochastic games. …
Persistent link: https://www.econbiz.de/10011599432
We investigate a Bayesian method for the segmentation of muscle fibre images. The images are reasonably well approximated by a Dirichlet tessellation, and so we use a deformable template model based on Voronoi polygons to represent the segmented image. We consider various prior distributions for...
Persistent link: https://www.econbiz.de/10005492151
This paper develops a theory of regular Markov perfect equilibria in dynamic stochastic games. We show that almost all dynamic stochastic games have a finite number of locally isolated Markov perfect equilibria that are all regular. These equilibria are essential and strongly stable. Moreover,...
Persistent link: https://www.econbiz.de/10005497794
The empirical literature on the environmental Kuznets curve (EKC) purports to describe how a nation’s environmental quality will evolve if it makes the transition from poverty to wealth. The popular generalization is that pollution will first increase and then, if income becomes...
Persistent link: https://www.econbiz.de/10011131662
monotonicity become common, when curvature alone is imposed. Hence the now common practice of equating regularity with curvature is …
Persistent link: https://www.econbiz.de/10010900180
conditional expectations. As an example we consider the class of conditional entropic risk measures. A new regularity property of …
Persistent link: https://www.econbiz.de/10005678011