Consistency in the probabilistic assignment model
Article Abstract:
The probabilistic consistency that is nothing but a notion of consistency for the probabilistic assignment model is discussed. The characterization of the uniform rule through the axioms equal treatment of equals and probabilistic consistency is focused.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2004
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Efficient consumption set under recursive utility and unknown beliefs
Article Abstract:
Consumption processes are characterized for optimal utility in the complete financial markets. The homothetic stochastic differential utilities are studied to derive the efficiency conditions using partial differential equation.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2004
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Reduction - consistency in collective choice problems
Article Abstract:
A study on the implications of an invariance property, reduction consistency in collective choice problems is presented.
Publication Name: The Journal of Mathematical Economics
Subject: Mathematics
ISSN: 0304-4068
Year: 2006
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