1 citations · 2 across the 16 of their papers we have counts for
26 papers · 1 filter
Two Moments for Risk-Monotone Additive Statistics
Mark Whitmeyer
Every statistic on laws with finite pth moment that is additive across independent risks and monotone in mean-preserving spreads depends only on an additive function of the mean wh…
There Ain't No Such Thing as a Free Equilibrium
Mark Whitmeyer
I argue that there is a sense in which universal equilibrium (defined loosely) existence in games is incompatible with eschewing strictly dominated strategies and a sense in which…
Agreement and Diversity in Interpretation
Francesco Bilotta, Luca Braghieri, Collin Raymond +1
We study joint decision-making when agents agree on all primitives other than signal likelihoods. We propose a decision-theoretic measure of interpretive disagreement: a pair of su…
By Law, Every Zero-Mean Risk Is the Difference of Two Equally Distributed Risks
Mark Whitmeyer
We prove that every mean-zero probability law on the real line is the law of X-Y for some identically distributed real-valued random variables X and Y.
Multidimensional Risk Made Easy
Mark Whitmeyer
Suppose we want to assign a certainty equivalent--one number--to a multivariate risk. Which such assignments are law-invariant, monotone with respect to vector stochastic dominance…
Labels
Mark Whitmeyer
Labels -- grades, credentials, scores, ratings, ranks -- do two things. They inform receivers, and they give agents something to chase. I study optimal classification when labels m…