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depend on robustness properties of the solution concepts adopted. Chapter 1 discusses recent results in this research area … attention in the literature (namely, the distinction between knowledge and certainty), raising novel questions of robustness …
Persistent link: https://www.econbiz.de/10009438697
essential. The robustness of such inferences is dependent on sample size. The purpose of this study is to examine the impact of …
Persistent link: https://www.econbiz.de/10009446710
the policy that maximizes robustness to unstructured uncertainty. …
Persistent link: https://www.econbiz.de/10009467771
robust. But robustness, in the sense of assurance against extreme outcomes, ordinarily is not the only desideratum in … the risk of a successful attack by inspecting more vessels, we show that robustness against the failure to guarantee a … minimum level of expected utility might not be monotonic. Robustness modeling based on expected utility and incorporating …
Persistent link: https://www.econbiz.de/10009467775
We develop a theory of optimal stopping problems under ambiguity in continuous time. Using results from (backward) stochastic calculus, we characterize the value function as the smallest (nonlinear) supermartingale dominating the payoff process. For Markovian models, we derive an adjusted...
Persistent link: https://www.econbiz.de/10009452622
simulation these Levene type tests in terms of robustness and power. …
Persistent link: https://www.econbiz.de/10009431274
distributions, these two tables of values were compared with respect to robustness to types I and II errors through Monte Carlo …
Persistent link: https://www.econbiz.de/10009431813