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20212023
most citedOn the Fragility of the Basis on the Hamilton-Jacobi-Bellman Equation in Economic Dynamics

3 citations · 5 across the 9 of their papers we have counts for

collaborators

10 papers

econ.TH2023

A Note on the Continuity of Expected Utility Functions

Yuhki Hosoya

In this paper, we study the continuity of expected utility functions, and derive a necessary and sufficient condition for a weak order on the space of simple probabilities to have…

econ.TH2023

Utilitarian Theorems and Equivalence of Utility Theories

Yuhki Hosoya

In this paper, we consider an environment in which the utilitarian theorem for the NM utility function derived by Harsanyi and the utilitarian theorem for Alt's utility function de…

econ.TH2022

A Rigorous Proof of the Index Theorem for Economists

Yuhki Hosoya

This paper provides a rigorous and gap-free proof of the index theorem used in the theory of regular economy. In the index theorem that is the subject of this paper, the assumption…

math.OC2022

Differential Characterization of Quasi-Concave Functions without Twice Differentiability

Yuhki Hosoya

This paper presents a necessary and sufficient condition for a real-valued function defined on an open and convex subset of a Banach space to be quasi-concave, and a sufficient con…

econ.TH2022

On Gale's Contribution in Revealed Preference Theory

Yuhki Hosoya

We investigate Gale's important paper published in 1960. This paper contains an example of a candidate of the demand function that satisfies the weak axiom of revealed preference a…

econ.TH2022★ 3 cited

On the Fragility of the Basis on the Hamilton-Jacobi-Bellman Equation in Economic Dynamics

Yuhki Hosoya

In this paper, we provide an example of the optimal growth model in which there exist infinitely many solutions to the Hamilton-Jacobi-Bellman equation but the value function does…