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In finance, situations exist that give rise to allocation problems. Individuals combining their capital typically have more investment opportunities, and thus higher revenues. The proceeds of their investments have to be divided among those individuals. Also, banks and insurance companies face...
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Responses to economic surveys are usually noisy. Item non-response, as a particular type of censored data, is a common problem for key economic variables such as income and earnings, consumption or accumulated assets. If such non-response is non-random, the consequence can be a bias in the...
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