Zobrazeno 1 - 10
of 67
pro vyhledávání: '"Kim C. Border"'
Publikováno v:
Economic Theory. 34:383-387
This note shows that if the space of events is sufficiently rich and the subjective probability function of each individual is non-atomic, then there is a σ-algebra of events over which everyone will have the same probability function, and moreover,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::feedf9477b4cb53240bb174c500eedbf
https://doi.org/10.1007/s00199-006-0174-7
https://doi.org/10.1007/s00199-006-0174-7
Autor:
Kim C. Border
Publikováno v:
Economic Theory. 31:167-181
This note uses the Theorem of the Alternative to prove new results on the implementability of general, asymmetric auctions, and to provide simpler proofs of known results for symmetric auctions. The tradeoff is that type spaces are taken to be finite
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3ca78afa905c2a9561aa70bc09a4eaeb
https://doi.org/10.1007/s00199-006-0080-z
https://doi.org/10.1007/s00199-006-0080-z
This text was born out of an advanced mathematical economics seminar at Caltech in 1989-90. We realized that the typical graduate student in mathematical economics has to be familiar with a vast amount of material that spans several traditional field
Publikováno v:
Macroeconomic Dynamics. 1:669-679
We present a new simple and short proof of the existence of equilibria in the classical single-sector growth model.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::31b6fd8de10cf1203c13b902a7b25b59
https://doi.org/10.1017/s1365100597005014
https://doi.org/10.1017/s1365100597005014
Publikováno v:
Rivista di Matematica per le Scienze Economiche e Sociali. 19:113-185
In this survey problems from the consideration of infinite dimensional commodity spaces in the Arrow-Debreu-McKenzie model are discussed. It has become clear in the last couple of decades that in order to address real policy questions, economic model
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3e67611e2d4222ba44f608643894792f
https://doi.org/10.1007/bf02441265
https://doi.org/10.1007/bf02441265
Autor:
Kim C. Border, Uzi Segal
Publikováno v:
Journal of Economic Theory. 63:170-188
Machina has proposed a definition of dynamic consistency which admits non-expected utility functionals. We show that even under this new definition a dynamically consistent preference relation that is differentiable becomes arbitrarily close to an ex
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d699f16b5dd16e730050e8b832c10859
https://doi.org/10.1006/jeth.1994.1038
https://doi.org/10.1006/jeth.1994.1038
Autor:
Uzi Segal, Kim C. Border
Publikováno v:
The Economic Journal. 104(422):71-75
An oddsmaker who does not update odds in accordance with conditional probability can be subjected to a sure loss. Such a losing situation is called a Dutch book. This is often presented as an argument for setting odds in accordance with conditional p
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8b49c876f61dbe44b7906c8a8081328f
Autor:
Kim C. Border
Publikováno v:
Journal of Economic Theory. 56:20-42
This paper shows that a choice function is either consistent with the expected utility hypothesis or is ex ante dominated for some prior.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2e1dd4d808f716b8a600bda016470757
https://doi.org/10.1016/0022-0531(92)90067-r
https://doi.org/10.1016/0022-0531(92)90067-r
This note shows that if the space of events is sufficiently rich and the subjective probability function of each individual is non-atomic, then there is a sigma-algebra of events over which everyone will have the same probability function, and moreov
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::d8980231f646f824e65cd277c3486082
http://fmwww.bc.edu/EC-P/wp616.pdf
http://fmwww.bc.edu/EC-P/wp616.pdf
Autor:
Kim C. Border, Uzi Segal
A well-known Dutch book, due to de Finetti, shows how violations of the additivity law of probability theory (Pr(A ∪ B) = Pr(A)+ Pr(B)-Pr(A ∩ B)) open the door to a sequence of bets leading to a sure loss. In this paper we show that in a market e
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::08a3825cab1f5af8ad172953c1506d18
http://fmwww.bc.edu/EC-P/wp513.pdf
http://fmwww.bc.edu/EC-P/wp513.pdf