Silent War of Attrition Maximizes Targeted-Loss Exposure
A linear-program dual shows that assigning revenue-equivalent payments to losing states reaches the highest stress-test exposure for every bidder count $n \geq 2$.
Expectiles Reframe Disappointment Aversion in Savage Choice
New axioms connect Gul’s model to asymmetric least squares, yielding explicit representations, elicitation formulas, and temporal-difference learning foundations.
Cosine Similarity Measures Agreement in Signal Interpretation
A cone-inclusion order over pairs of subjective models yields a prior-independent comparison and uniquely selects cosine similarity under rotation invariance.
