4 papers
In Search of Lost Correlation: Correlated Equilibrium via Marginal Actions
Christopher P. Chambers, Maxime Cugnon de Sévricourt, Christopher Turansick
In this paper, we study which data can be induced by a correlated equilibrium given a known finite simultaneous move game. We assume that an analyst has access to the frequency of…
Invariant Modeling for Joint Distributions
Christopher P. Chambers, Yusufcan Masatlioglu, Ruodu Wang
A common theme underlying many problems in statistics and economics involves the determination of a systematic method of selecting a joint distribution consistent with a specified…
Max- and min-stability under first-order stochastic dominance
Christopher Chambers, Alan Miller, Ruodu Wang +1
Max-stability is the property that taking a maximum between two inputs results in a maximum between two outputs. We study max-stability with respect to first-order stochastic domin…
A duality between utility transforms and probability distortions
Christopher P. Chambers, Peng Liu, Ruodu Wang
In this paper, we establish a mathematical duality between utility transforms and probability distortions. These transforms play a central role in decision under risk by forming th…