Pub Date : 2023-08-21DOI: 10.1007/s00199-023-01511-2
M. Faias, Mercedes Guevara-Velázquez, Emma Moreno-García
{"title":"Contributing with private bundles to public goods","authors":"M. Faias, Mercedes Guevara-Velázquez, Emma Moreno-García","doi":"10.1007/s00199-023-01511-2","DOIUrl":"https://doi.org/10.1007/s00199-023-01511-2","url":null,"abstract":"","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46585371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-17DOI: 10.1007/s00199-023-01517-w
D. La Torre, D. Liuzzi, Simone Marsiglio
{"title":"Epidemic outbreaks and the optimal lockdown area: a spatial normative approach","authors":"D. La Torre, D. Liuzzi, Simone Marsiglio","doi":"10.1007/s00199-023-01517-w","DOIUrl":"https://doi.org/10.1007/s00199-023-01517-w","url":null,"abstract":"","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44085352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-12DOI: 10.1007/s00199-023-01515-y
Leandro Nascimento
We establish the equivalence between a principle of almost absence of arbitrage opportunities and nearly rational decision-making. The implications of such principle are considered in the context of the aggregation of probabilistic opinions and of stochastic choice functions. In the former a bounded arbitrage principle and its equivalent form as an approximately Pareto condition are shown to bound the difference between the collective probabilistic assessment of a set of states and a linear aggregation rule on the individual assessments. In the latter we show that our general principle of limited arbitrage opportunities translates into a weakening of the McFadden–Richter axiom of stochastic rationality, and gives an upper bound for the minimum distance of a stochastic choice function to another in the class of random utility maximization models.
{"title":"Bounded arbitrage and nearly rational behavior","authors":"Leandro Nascimento","doi":"10.1007/s00199-023-01515-y","DOIUrl":"https://doi.org/10.1007/s00199-023-01515-y","url":null,"abstract":"We establish the equivalence between a principle of almost absence of arbitrage opportunities and nearly rational decision-making. The implications of such principle are considered in the context of the aggregation of probabilistic opinions and of stochastic choice functions. In the former a bounded arbitrage principle and its equivalent form as an approximately Pareto condition are shown to bound the difference between the collective probabilistic assessment of a set of states and a linear aggregation rule on the individual assessments. In the latter we show that our general principle of limited arbitrage opportunities translates into a weakening of the McFadden–Richter axiom of stochastic rationality, and gives an upper bound for the minimum distance of a stochastic choice function to another in the class of random utility maximization models.","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":"414 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134977845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-09DOI: 10.1007/s00199-023-01514-z
Silvia Martinez-Gorricho, Carlos Oyarzun
{"title":"Testing under information manipulation","authors":"Silvia Martinez-Gorricho, Carlos Oyarzun","doi":"10.1007/s00199-023-01514-z","DOIUrl":"https://doi.org/10.1007/s00199-023-01514-z","url":null,"abstract":"","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47782300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-05DOI: 10.1007/s00199-023-01509-w
M. Pivato, É. F. Tchouante
{"title":"Bayesian social aggregation with non-Archimedean utilities and probabilities","authors":"M. Pivato, É. F. Tchouante","doi":"10.1007/s00199-023-01509-w","DOIUrl":"https://doi.org/10.1007/s00199-023-01509-w","url":null,"abstract":"","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":"1 1","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43078461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-25DOI: 10.1007/s00199-023-01510-3
Hippolyte d’Albis, E. Augeraud-Véron, D. Coulibaly, Rodolphe Desbordes
{"title":"Covid-19 and mobility: determinant or consequence?","authors":"Hippolyte d’Albis, E. Augeraud-Véron, D. Coulibaly, Rodolphe Desbordes","doi":"10.1007/s00199-023-01510-3","DOIUrl":"https://doi.org/10.1007/s00199-023-01510-3","url":null,"abstract":"","PeriodicalId":47982,"journal":{"name":"Economic Theory","volume":" ","pages":""},"PeriodicalIF":1.3,"publicationDate":"2023-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43588242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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