Showing 1 - 10 of 11,822
Choquet expected utility preferences.A decision maker is faced with an information structure represented bya filtration. We … show that the decision maker’s preferences respect dynamicconsistency on a fixed filtration if and only if the last stage … certainty equivalence consistency and constrained dynamicconsistency to filtration measurable acts, it is shown that the …
Persistent link: https://www.econbiz.de/10009249015
information inequalities. -- enlargement of filtration ; logarithmic utility ; utility maximization ; heterogeneous information …The background for the general mathematical link between utility and information theory investigated in this paper is a … simple financial market model with two kinds of small traders: less informed traders and insiders, whose extra information is …
Persistent link: https://www.econbiz.de/10003148169
Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We … show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage … of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional …
Persistent link: https://www.econbiz.de/10011422193
) correcting infant mortality counts reduces the estimated effect of filtration on infant mortality by two-thirds, from -43 log … effect of filtration on total mortality by half, from -16 log points to -8 log points. In this rejoinder, we argue that the … much-reduced estimate of the effect of water filtration on infant mortality is a dramatic and surprising departure from the …
Persistent link: https://www.econbiz.de/10011984637
the literature, we provide new evidence on the effects of water filtration and chlorination, extending the work of …
Persistent link: https://www.econbiz.de/10011931738
Corporation, are a critical component of the TRIGTM gasification process. The PCDs use dry filtration technology to remove … of this scale used for high-pressure, high-temperature filtration in a gasification process. The Kemper facility has …
Persistent link: https://www.econbiz.de/10012652004
Choquet expected utility preferences. A decision maker is faced with an information structure represented by a filtration. We … show that the decision maker's preferences respect dynamic consistency on a fixed filtration if and only if the last stage … of the filtration is composed of unambiguous events in the sense of Nehring (1999). Adopting two axioms, conditional …
Persistent link: https://www.econbiz.de/10003879722
) correcting infant mortality counts reduces the estimated effect of filtration on infant mortality by two-thirds, from -43 log … effect of filtration on total mortality by half, from -16 log points to -8 log points. In this rejoinder, we argue that the … much-reduced estimate of the effect of water filtration on infant mortality is a dramatic and surprising departure from the …
Persistent link: https://www.econbiz.de/10011972424
the literature, we provide new evidence on the effects of water filtration and chlorination, extending the work of …
Persistent link: https://www.econbiz.de/10011903985
Persistent link: https://www.econbiz.de/10012210386