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This paper aims to provide a representation theorem for consumption stream in the simplex in continuous time, by using the weaker axiom of ”Agree with,” the strong axiom of ”Preferential Independence”, and the axioms of ”Separability” and ”Measurability” on the simplex,...
Persistent link: https://www.econbiz.de/10014353982
Dominance solvability is one of the most simple and robust solution concepts first introduced by Moulin (1979)[7] in the context of voting. But it’s rare to consider the case when the game doesn’t have a strictly (or weakly) dominated strategy, for which the characterization is very...
Persistent link: https://www.econbiz.de/10014242391
This work aims to provide a representation theorem for consumption in simplex in continuous time by using a weaker axiom of ’Agree with’, a strong axiom of ’Preferential Independence’,[10, 9], and axioms of ’Separability’ and ’Measurability’ on Simplex provided by Qin and...
Persistent link: https://www.econbiz.de/10014256003