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from diagonal BEKK in small systems; and DCC may be a useful filter or a diagnostic check, but it is not a model. …
Persistent link: https://www.econbiz.de/10010326244
We compare the duration and performance of different monetary regimes, especially the contrast between countries those that fix exchange rates and those that target inflation. Inflation targeting is a more durable policy; no country has yet been forced to abandon an inflation target, while many...
Persistent link: https://www.econbiz.de/10010332961
Abstract If communication involves some transactions cost to both sender and recipient, what policy ensures that correct messages -- those with positive social surplus –- get sent? Filters block messages that harm recipients but benefit senders by more than transactions costs. Taxes can block...
Persistent link: https://www.econbiz.de/10014587444
It is well known that the literature on judgment aggregation inherits the impossibility results from the aggregation of preferences that it generalises. This is due to the fact that the typical judgment aggregation problem induces an ultrafilter on the the set of individuals, as was shown in a...
Persistent link: https://www.econbiz.de/10010272584
(ultra)filter method in social choice theory. From the (ultra)filter property of the set of winning coalitions, one obtains …
Persistent link: https://www.econbiz.de/10010272598
-type rationality axioms are shown to be restricted reduced product constructions with respect to the filter of decisive coalitions; an …
Persistent link: https://www.econbiz.de/10010272607
affecting the oxygen concentrators, is that related to the filters, which are designed to filter out dust, particles, bacteria … of the inlet filter of an oxygen concentrator, which is used to prevent gross particles to enter the device. The redesign … the filtration efficiency with a particle counter, the filter design has been refined through several iterations. The …
Persistent link: https://www.econbiz.de/10014558402
-type rationality axioms are shown to be restricted reduced product constructions with respect to the filter of decisive coalitions; an …
Persistent link: https://www.econbiz.de/10009452493
(ultra)filter method in social choice theory. …
Persistent link: https://www.econbiz.de/10009452494
Filtering has had a profound impact as a device of perceiving information and deriving agent expectations in dynamic economic models. For an abstract economic system, this paper shows that the foundation of applying the filtering method corresponds to the existence of a conditional expectation...
Persistent link: https://www.econbiz.de/10012696242