Beyond Random Assignment: Credible Inference and Extrapolation in Dynamic Economies
نویسندگان
چکیده
منابع مشابه
Sequential Pseudomarkets: Welfare Economics in Random Assignment Economies
We study random assignment economies with expectedutility agents, each of them eventually obtaining a single object. Inspired on Hylland and Zeckhausers (1979) Pseudomarket mechanism (PM) and on a serial dictatorship, we introduce the Sequential Pseudomarket (SP) where groups of agents are called turn by turn and participate in a pseudomarket for the remaining objects. To measure e¢ ciency, we...
متن کاملPseudomarkets with Priorities in Large Random Assignment Economies
I study large random assignment economies with a continuum of agents and a nite number of object types. I consider the existence of weak priorities discriminating among agents with respect to their rights concerning the nal assignment. The respect for priorities ex ante (ex-ante stability) usually precludes ex-ante envy-freeness. Therefore I de ne a new concept of fairness, called no unjusti ...
متن کاملstatistical inference via empirical bayes approach for stationary and dynamic contingency tables
چکیده ندارد.
15 صفحه اولLarge vs. Continuum Assignment Economies
Continuum models are often used to study large finite assignment economies. We show that in the canonical assignment problem without transfers, the continuum model can have very different qualitative properties than large finite markets. The problem is driven by the failure of local non-satiation inherent in no-transfer assignment.
متن کاملIncreasing Precision of Credible Case-Based Inference
Abstract. Credible case-based inference (CCBI) is a new and theoretically sound inferencing mechanism for case-based systems. In this paper, we formally investigate the level of precision that CCBI-based retrieval results may yield. Building upon our theoretical findings, we derive a number of optimization criteria that can be utilized for learning such similarity measures that bring about more...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Journal of Finance
سال: 2019
ISSN: 0022-1082,1540-6261
DOI: 10.1111/jofi.12862