“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP).

“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph ...

This is a preview. Log in through your library . Abstract We consider an infinite particle system, the simple exclusion process, which was introduced in the 1970 paper "Interaction of Markov Processes ...

The United States has the highest income gap in the developed world, and it's affecting how kids do in school, new research suggests. A new study reports that 10-year-olds' scores on standardized math ...

In this paper we continue our investigation of entropy comparisons with emphasis on multivariate distributions. For multiparameter cases of the multinomial and negative multinomial distributions we ...