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Probabilistic sophistication and stochastic monotonicity in the Savage framework

✍ Scribed by Simon Grant; Hatice Özsoy; Ben Polak


Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
184 KB
Volume
55
Category
Article
ISSN
0165-4896

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Stochastic models oer an objective and quantitative method of analysing the behaviour of discrete hydrological variables. For the Algeciras semi-arid stream in south-east Spain, homogeneous ®rst-and second-order Markov chains were applied to rainfall and runo series in order to establish the length