linear utility造句
例句与造句
- For details see Linear utilities # Existence of competitive equilibrium.
- David Gale proved a similar existence result for agents with linear utilities.
- A preference relation represented by linear utility functions is convex, but not strictly convex.
- The natural generalization of a linear utility function to that model is an additive set function.
- Note that Linear utilities are only weakly convex, so they do not qualify for the Arrow Debreu model.
- It's difficult to find linear utility in a sentence. 用linear utility造句挺难的
- He pioneered methods in decision theory such as linear utility theory for belief functions, bridging the gap between expected utility and the maximin rule by using subjective probability to encompass belief functions.
- If we had linear utility functions, there would be no incentive ever to stop playing ( which leads to a preposterous conclusion, of course ) . talk ) 21 : 21, 28 December 2011 ( UTC)
- The first actual model of sunspot equilibrium was produced by Shell in an OLG framework with linear utility functions, which appeared in his " Monnai et allocation intertemporelle " in 1977, as part of the Malinvaud lecture series in Paris ( now published as a vintage paper in Macroeconomic Dynamics ).
- For example, if one were to bet $ 1 at 10 to 1 odds ( one could win $ 10 ) on the outcome of a coin flip, one would be getting " the best of it " and should always make the bet ( assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the like ).
- While these authors derived and exploited the envelope theorem by restricting attention to ( piecewise ) continuously differentiable choice rules or even narrower classes, it may sometimes be optimal to implement a choice rule that is not piecewise continuously differentiable . ( One example is the class of trading problems with linear utility described in chapter 6.5 of Myerson ( 1991 ) . ) Note that the integral condition ( 3 ) still holds in this setting and implies such important results as Holmstrom's lemma ( Holmstrom, 1979 ), Myerson's lemma ( Myerson, 1981 ), the revenue equivalence theorem ( for auctions ), the Green-Laffont-Holmstrom theorem ( Green and Laffont, 1979; Holmstrom, 1979 ), the Myerson-Satterthwaite inefficiency theorem ( Myerson and Satterthwaite, 1983 ), the Jehiel-Moldovanu impossibility theorems ( Jehiel and Moldovanu, 2001 ), the McAfee-McMillan weak-cartels theorem ( McAfee and McMillan, 1992 ), and Weber's martingale theorem ( Weber, 1983 ), etc . The details of these applications are provided in Chapter 3 of Milgrom ( 2004 ), who offers an elegant and unifying framework in auction and mechanism design analysis mainly based on the envelope theorem and other familiar techniques and concepts in demand theory.