Thomas Jefferson, James Madison, probability and constitutions: at the intersection of the Scottish, American, and French enlightenments.
Thoughts about Selected Models for the Valuation of Real Options
This paper discusses option valuation logic and four selected methods for the valuation of real options in the light of their modeling choices. Two of the selected methods the Datar–Mathews method and the Fuzzy Pay-off Method represent later developments in real option valuation and the Black & Scholes formula and the Binomial model for option pricing the more established methods used in real option valuation. The goal of this paper is to understand the big picture of real option valuation models...
Three additive solutions of cooperative games with a priori unions
We analyze axiomatic properties of three types of additive solutions of cooperative games with a priori unions structure. One of these is the Banzhaf value with a priori unions introduced by G. Owen (1981), which has not been axiomatically characterized as yet. Generalizing Owen's approach and the constructions discussed by J. Deegan and E. W. Packel (1979) and L. M. Ruiz, F. Valenciano and J. M. Zarzuelo (1996) we define and study two other solutions. These are the Deegan-Packel value with a priori...
Three-Stage Entry Game: the Strategic Effects of Advertising
Time series analysis: recursive methods and their modifications for time series with outliers and missing observations.
The recursive methods are popular in time series analysis since they are computationally efficient and flexible enough to treat various changes in character of data. This paper gives a survey of the most important type of these methods including their classification and relationships existing among them. Special attention is devoted to i) robustification of some recursive methods, capable of facing outliers in time series, and ii) modifications of recursive methods for time series with missing observations....
Time series with random parameters [Abstract of thesis]
Top responsiveness and Nash stability in coalition formation games
Top responsiveness was shown by Alcalde and Revilla [AR] to guarantee the existence of core stable partitions in hedonic coalition formation games. In this paper we prove the existence of Nash stable partitions under top responsiveness when a mutuality condition is imposed.
Topicality of Kantorovich's economic model.
Topological entropy of Cournot-Puu duopoly.
Topological games and products I
Topological games and products, II
Topological properties of spaces ordered by preferences.
Tournois et ordres médians pour une opinion
Dans cet article on étudie les propriétés d’ordres totaux à distance minimum d’un ensemble de tournois ; on montre, par exemple, que ces ordres contiennent l’ordre d’unanimité. On étudie la fonction maximum de la distance entre un ordre total et tournois définis sur un ensemble à éléments ; on donne sa valeur exacte pour pair, un encadrement pour impair, et sa valeur limite pour tendant vers l’infini.
Towards a theory of mind.
Towards Automatic Modeling of Economic Texts.
Tracking an omnidirectional evader with a differential drive robot at a bounded variable distance
Trade typhoon over Japan: turbulence metaphor and spatial production cycles feedback loops of the Japanese economy 190-85-90.
Trading areas of facilities with different sizes
Transformación de principios de consistencia aleatorios en determinísticos.
En la Teoría de la Decisión en Grupo, cuando los expertos emiten su información sobre los objetos de una manera probabilística, se pueden construir Principios de Consistencia que satisfagan los cinco principios de racionalidad y no sean dictatoriales [ver Sánchez-Pérez-Domench (1986)].Partiendo de esta situación, en el presente artículo se analizan y proponen diferentes métodos y algoritmos para transformar relaciones sociales aleatorias en determinísticas, continuando y completando así investigaciones...
Transforming arithmetic Asian option PDE to the parabolic equation with constant coefficients.