2 papers
q-fin.MF2025
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…
econ.TH2024
The Limits of Tolerance
Alan D. Miller
I propose a model of aggregation of intervals relevant to the study of legal standards of tolerance. Seven axioms: responsiveness, anonymity, continuity, strategyproofness, and thr…