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Theoretical Economics Paper
Projection Equilibrium: Definition and Applications to Social Investment and Persuasion
People exaggerate the extent to which their private information is shared with others. This paper introduces this phenomenon portably into Bayesian games where people wrongly think that if they can condition their strate...Read more...
16 February 2015
The Existence and Asymptotic Properties of a Backfitting Projection Algorithm under Weak Conditions
Oliver Linton, Enno Mammen and N Nielsen
We derive the asymptotic distribution of a new backfitting procedure for estimating the closest additive approximation to a nonparametric regression function. The procedure employs a recent projection interpretation of p...Read more...