3 citations · 3 across the 7 of their papers we have counts for
13 papers
A Unified Stability Theory for Classical and Monotone Markov Chains
Takashi Kamihigashi, John Stachurski
This paper integrates two strands of the literature on stability of general state Markov chains: conventional, total variation based results and more recent order-theoretic results…
Partial Stochastic Dominance via Optimal Transport
Takashi Kamihigashi, John Stachurski
In recent years, a range of measures of partial stochastic dominance have been introduced. These measures attempt to determine the extent to which one distribution is dominated by…
Quantitative Convergence Rates for Stochastically Monotone Markov Chains
Takashi Kamihigashi, John Stachurski
For Markov chains and Markov processes exhibiting a form of stochastic monotonicity (larger states shift up transition probabilities in terms of stochastic dominance), stability an…
Unique Solutions to Power-Transformed Affine Systems
John Stachurski, Ole Wilms, Junnan Zhang
Systems of the form arise in a range of economic, financial and control problems, where is a linear operator acting on a space of real-valued functions…
Systemic Risk in Financial Systems: Properties of Equilibria
John Stachurski
Eisenberg and Noe (2001) analyze systemic risk for financial institutions linked by a network of liabilities. They show that the solution to their model is unique when the financia…
Dynamic Optimal Choice When Rewards are Unbounded Below
Qingyin Ma, John Stachurski
We propose a new approach to solving dynamic decision problems with rewards that are unbounded below. The approach involves transforming the Bellman equation in order to convert an…