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In this poper we present a consistent spacification test of a parametric regression function against a general nonparametric alternative. The proposed test is based on wavelet estimation ant it is shown to have similar rates of convergence to the more commonly used kernel based tests.
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The high-flux (≳ 1 MW/m2), elevated temperature (≳ 400 °C) stability of types 304 and 410 stainless steel has been investigated by the application of surface-sensitive probes. Significant photo-enhancement of the oxidation of the stainless steel has been observed with measured oxide...
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Air preheater is one of key elements in today’s energy-saving technology. Its performance deeply depends on the underlying configuration for heat transfer. In this paper, the pressure drop and heat transfer characteristics of a high-efficiency plate-fin structure used in an air preheater are...
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In this survey article, we report results on the existence of pure-strategy Nash equilibria in games with an atomless continuum of players, each with an action set that is not necessarily finite. We also discuss purification and symmetrization of mixed-strategy Nash equilibria, and settings in...
Persistent link: https://www.econbiz.de/10005776497
We present a version of the APT based on an asset index set of an arbitrary infinite cardinality. Under assumptions due to Ross and Chamberlain-Rothschild, we shhow that in the absence of gains from asymptotic arbitrage, the square of the deviations of the individual rates of return from a...
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