Alfred Galichon

  1. Improving Estimates of Monotone Functions by Rearrangement.

    Authors: Alfred Galichon, Victor Chernozhukov, Ivan Fernandez-Val
    Subjects: Methodology
    Abstract

    Suppose that a target function is monotonic, namely, weakly increasing, and
    an original estimate of the target function is available, which is not weakly
    increasing. Many common estimation methods used in statistics produce such
    estimates. We show that these estimates can always be improved with no harm
    using rearrangement techniques: The rearrangement methods, univariate and
    multivariate, transform the original estimate to a monotonic estimate, and the
    resulting estimate is closer to the true curve in common metrics than the
    original estimate.

  2. Pareto efficiency for the concave order and multivariate comonotonicity.

    Authors: Guillaume Carlier, Rose-Anne Dana, Alfred Galichon
    Subjects: Optimization and Control
    Abstract

    In this paper, we focus on efficient risk-sharing rules for the concave
    dominance order. For a univariate risk, it follows from a comonotone dominance
    principle, due to Landsberger and Meilijson [25], that efficiency is
    characterized by a comonotonicity condition. The goal of this paper is to
    generalize the comonotone dominance principle as well as the equivalence
    between efficiency and comonotonicity to the multi-dimensional case.

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