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It is shown that preferences can be constructed from observed choice behavior in a way that is robust to indifferent selection (i.e., the agent is indifferent between two alternatives but, nevertheless, is only observed selecting one of them). More precisely, a suggestion by Savage (1954) to...
Persistent link: https://www.econbiz.de/10005772174
, a solution refinement requiring continuity of solution coefficients with respect to basic parameters implies this same …
Persistent link: https://www.econbiz.de/10008465551
In this paper, we analyze the cost allocation problem when a group of agents or nodes have to be connected to a source, and where the cost matrix describing the cost of connecting each pair of agents is not necessarily symmetric, thus extending the well-studied problem of minimum cost spanning...
Persistent link: https://www.econbiz.de/10005368782
assumptions about and interpretations of continuity and discontinuity. Time is extended beyond its conventional accounting and …
Persistent link: https://www.econbiz.de/10005484344
. It extends a well-known parametric continuity theorem for compact state space to the unbounded setting of standard …
Persistent link: https://www.econbiz.de/10005574811
measures on compact Hausdorff spaces. The continuity of the payoff function is recently proved by Glycopantis and Muir. Here we …
Persistent link: https://www.econbiz.de/10005181892
continuity of the functional that defines the parameter in terms of the model. Recently, Pötscher (Econometrica, 70, pp 1035 …, thus making the connection between continuity and risk quite explicit. However, osc has no direct statistical …
Persistent link: https://www.econbiz.de/10005037559
, a solution refinement requiring continuity of solution coefficients with respect to basic parameters implies this same …
Persistent link: https://www.econbiz.de/10011933213
Persistent link: https://www.econbiz.de/10011933214
Persistent link: https://www.econbiz.de/10011933215