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Unique equilibria and substitution effects in a stochastic model of the marriage market
Unique equilibria substitution effects stochastic model marriage market
2011/1/19
Choo-Siow (2006) propose a very general model for the marriage market which allows for randomly identically distributed noise in the preferences of each of the participants. The randomness is McFadden...
Nonlinear Stochastic Model of Return matching to the data of New York and Vilnius Stock Exchanges
Nonlinear Stochastic Model Return matching Vilnius Stock Exchanges
2010/4/27
We scale and analyze the empirical data of return from New York and Vilnius stock exchanges matching it to the same nonlinear double stochastic model of return in financial market.
