Results 41 to 50 of about 137 (129)

Statistical Entropy in General Equilibrium Theory [PDF]

open access: yes
This essay seeks to develop an integrated account of the workings of statistical mechanics and thermodynamics as a theory of economic equilibrium. It begins with a probabilistic description of general systems (made out of numerous elements), based on the
Panagis Liossatos
core  

Contributions to the understanding of Bayesian consistency. [PDF]

open access: yes
Consistency of Bayesian nonparametric procedures has been the focus of a considerable amount of research. Here we deal with strong consistency for Bayesian density estimation. An awkward consequence of inconsistency is pointed out. We investigate reasons
Antonio Lijoi   +2 more
core  

Jensen-Inaccuracy Information Measure. [PDF]

open access: yesEntropy (Basel), 2023
Kharazmi O   +3 more
europepmc   +1 more source

Comparing Multidimensional Indices of Inequality: methods and application [PDF]

open access: yes
The paper provides an examination into the measures of multidimensional inequality proposed in the past few years, their properties and majorization criteria.
Maria Ana Lugo
core  

On consistency of nonparametric normal mixtures for Bayesian density estimation. [PDF]

open access: yes
The past decade has seen a remarkable development in the area of Bayesian nonparametric inference both from a theoretical and applied perspective. As for the latter, the celebrated Dirichlet process has been successfully exploited within Bayesian mixture
Antonio Lijoi   +2 more
core  

Context and Decision: Utility on a Union of Mixture Spaces [PDF]

open access: yes
Suppose a decision-maker is willing to make statements of the form : I prefer to choose alternative a when in context p, than to choose alternative b when in context q”.
O’Callaghan, Patrick
core  

Non mean reverting affine processes for stochastic mortality. [PDF]

open access: yes
In this paper we use doubly stochastic processes (or Cox processes) in order to model the random evolution of mortality of an individual. These processes have been widely used in the credit risk literature in modelling default arrival, and in this ...
Elisa Luciano, Elena Vigna
core  

Competitive Market Mechanisms as Social Choice Procedures [PDF]

open access: yes
A competitive market mechanism is a prominent example of a non-binary social choice rule, typically defined for a special class of economic environments in which each social state is an economic allocation of private goods, and individuals' preferences ...
Hammond, Peter J.
core   +2 more sources

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