Showing 1 - 10 of 1,160
Mathematics plays a vital role in many areas of finance and provides the theories and tools that have been widely used …
Persistent link: https://www.econbiz.de/10012173994
statistics, effect sizes or significance tests. Practical implications - Gain-probability diagrams provided a much better basis …Purpose - The purpose of this article is to show the gains that can be made if researchers were to use gain-probability … for making decisions than typical summary statistics, effect sizes or significance tests. Originality/value - G-P diagrams …
Persistent link: https://www.econbiz.de/10014445518
I study a persuasion game between a privately informed agent and a decision maker (DM) who can imperfectly verify the statements made by the agent by observing a signal that is correlated with the agent's information. I find that whether or not the DM benefits from communicating with the agent...
Persistent link: https://www.econbiz.de/10014635265
published in the Mathematics Special Issue with the same title. All the published papers are of high quality and were subjected … to rigorous peer review. Mathematics is included in the Science Citation Index (Web of Science), and its current Impact …
Persistent link: https://www.econbiz.de/10012586619
This article reveals a discontinuity in the mapping from a Lorenz curve to the associated cumulative distribution function. The problem is of a mathematical nature-based on an analysis of the transformation between the distribution function of a bound random variable and its Lorenz curve. It...
Persistent link: https://www.econbiz.de/10013449382
Business process; compliance; change; decision support system; decision support approach; IT architecture …
Persistent link: https://www.econbiz.de/10013177860
Decision-making on real-world problems, including individual process decisions, requires an appropriate and reliable decision support system. Fuzzy set theory, rough set theory, and neutrosophic set theory, which are MCDM techniques, are useful for modeling complex decision-making problems with...
Persistent link: https://www.econbiz.de/10013259474
derive implications for legal policy, most theoretical papers, however, take public enforcement as exogenous, i.e. non-compliance … with laws is punished with a given probability by a mechanical enforcer. We apply a game-theoretic perspective to corporate … criminal behavior, self-disclosure, and policing. In this paper, we model corporate compliance as a three-person inspection …
Persistent link: https://www.econbiz.de/10015108000
This article is an overview of recent progress on a theory of games, whose payoffs are probability distributions rather …. These issues motivated the use of probability distributions as a more complex object to express revenues. The resulting …
Persistent link: https://www.econbiz.de/10014418196
Purpose This paper aims to argue that Economics is not a neutral science. Design/methodology/approach Post-structuralist perspective of Lyotard (1984), alongside the Pragmatics of Searle (1979) and Travis (1981) are useful for analyzing enunciations in mainstream Economics. Findings Economists...
Persistent link: https://www.econbiz.de/10014418082