📈 economics
Characterizations of continuous adequate objective functions for ordinal or interval scaled data
This paper characterizes continuous objective functions that remain invariant under affine strictly increasing transformations, ensuring their adequacy for ordinal and interval scaled data across various statistical and theoretical applications.
Original paper licensed under CC BY 4.0 (http://creativecommons.org/licenses/by/4.0/). This is an AI-generated explanation of the paper below. It is not written or endorsed by the authors. For technical accuracy, refer to the original paper. Read full disclaimer
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