How can affine reconstruction be upgraded to Euclidean reconstruction?

Feb 19, 2016 ... “Term Premia and the Interest Rate Forecasts in Affine Models.” Journal of. Finance, 57 (2002), 405–443. Duffie, D., and R. Kan. “A Yield-Factor ... is affine in π, and vδ(·) is weakly convex, this equality holds on a closed interval Ja(δ). Also, action 1 is myopically strictly optimal when π = 0. Since it ... ... affine function may have a nonzero value when the independent variables are ... informational assumptions, the equilibrium bids of common value ... Sep 28, 2012 ... ... affine subspaces the averaging will be performed over. In the plane ... Verbosity (informational message) level, with 0 generating only ... We adopt an affine information structure: Random vector {θi εi}i∈I is ... informational efficiency. Our result complements the aggregation prediction. ... affine subspace of R|S|. It inherits the subspace topology of R|S| with its standard Euclidean topology. The prior λ is a probability measure on the ... I show that with multiple states, each separable uncertainty measure is a mixture of Shannon entropy and some diversity function (ignoring an unimportant affine ... Feb 10, 2022 ... existential results about random variables before (e.g. [53], [54]), so the study of affine constraints is not unnatural. We also prove the ... In contrast, when the government ob- serves sales, rather than actual consumption, a tax arbitrage exists. Uniform affine consumption taxes prevent side trades. Apr 20, 2025 ... Cornell Notes Template: Available from AFFiNE, this template offers a structured format that enhances information retention and comprehension.