A semiorder can be thought of as a binary relation P for which there is a utility u representing it in the following sense: xPy iff u(x) - u(y) > 1. We argue that weak orders (for which indifference ...
Vol. 48, No. 2/3, Symposium on the 50th Anniversary of the Ellsberg Paradox (October 2011), pp. 275-288 (14 pages) This paper studies trade in a first-price sealed-bid auction where agents know only a ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback