The name is absent



68

Let mi = E(wi ∣ N), when maximizing the utility function, straightforward alge-
bra shows that the optimal rule is

d,s = I{mi >c∕{k+ 1)).


(3.35)


Once we have a simulated sample (/jɪ, ðɪ),..., (∕¾v, J∙w) of δi) given the data.
We can estimate m⅛ with

1 M

⅛⅛∑M>tf>⅛

(3.36)


1 fc=l

and then make the decision diβ.



More intriguing information

1. Rural-Urban Economic Disparities among China’s Elderly
2. Assessing Economic Complexity with Input-Output Based Measures
3. The name is absent
4. The name is absent
5. Return Predictability and Stock Market Crashes in a Simple Rational Expectations Model
6. Connectionism, Analogicity and Mental Content
7. Second Order Filter Distribution Approximations for Financial Time Series with Extreme Outlier
8. Prizes and Patents: Using Market Signals to Provide Incentives for Innovations
9. National curriculum assessment: how to make it better
10. From Communication to Presence: Cognition, Emotions and Culture towards the Ultimate Communicative Experience. Festschrift in honor of Luigi Anolli
11. MATHEMATICS AS AN EXACT AND PRECISE LANGUAGE OF NATURE
12. Regional differentiation in the Russian federation: A cluster-based typification
13. Economies of Size for Conventional Tillage and No-till Wheat Production
14. Improving the Impact of Market Reform on Agricultural Productivity in Africa: How Institutional Design Makes a Difference
15. The name is absent
16. The name is absent
17. The name is absent
18. The name is absent
19. SOME ISSUES IN LAND TENURE, OWNERSHIP AND CONTROL IN DISPERSED VS. CONCENTRATED AGRICULTURE
20. Conflict and Uncertainty: A Dynamic Approach