The notion of disapprobation is defined. It is designed to capture some features of misspecification in a decision-theoretic framework. Moreover it is a sample-based notion so it is well-suited for the study of misspecification in Bayesian contexts. Some elementary examples of disapprobation are...

In this paper we study a new type of latent model in which only the rank statistics of the depen- dent variable is observed. This problem appears naturally in the microeconometric literature, in particular in the case of the parametric estimation of a production function when the output is...