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We introduce a multivariate Hawkes process with constraints on its conditional density. It is a multivariate point process with conditional intensity similar to that of a multivariate Hawkes process but certain events are forbidden with respect to boundary conditions on a multidimensional...
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Too technical to post, see paper.
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In this paper, we assume that firms can create independent divisions which compete in quantities in a homogeneous good market. Assuming complete information, identical firms and constant returns to scale, we prove the following: 1) Subgame Perfect Nash Equilibrium (SPNE) implies Perfect...
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LS Penrose’s limit theorem (PLT) – which is implicit in Penrose [5, p. 72] and for which he gave no rigorous proof – says that, in simple weighted voting games, if the number of voters increases indefinitely while existing voters retain their weights and the relative quota is pegged, then...
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In general, analyses of voting power are performed through the notion of a simple voting game (SVG) in which every voter can choose between two options: 'yes' or 'no'. Felsenthal and Machover (1997) introduced the concept of ternary voting games (TVGs) which recognizes abstention alongside. They...
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