2 citations · 7 across the 7 of their papers we have counts for
4 papers · 1 filter
The Family of Alpha,[a,b] Stochastic Orders: Risk vs. Expected Value
Bar Light, Andres Perlroth
In this paper we provide a novel family of stochastic orders that generalizes second order stochastic dominance, which we call the -concave stochastic orders. These stocha…
General equilibrium in a heterogeneous-agent incomplete-market economy with many consumption goods and a risk-free bond
Bar Light
We study a pure-exchange incomplete-market economy with heterogeneous agents. In each period, the agents choose how much to save (i.e., invest in a risk-free bond), how much to con…
Stochastic Comparative Statics in Markov Decision Processes
Bar Light
In multi-period stochastic optimization problems, the future optimal decision is a random variable whose distribution depends on the parameters of the optimization problem. We anal…
Mean Field Equilibrium: Uniqueness, Existence, and Comparative Statics
Bar Light, Gabriel Weintraub
The standard solution concept for stochastic games is Markov perfect equilibrium (MPE); however, its computation becomes intractable as the number of players increases. Instead, we…