JHFil refine lt step payoff
HarderNarasimhan.impl.JHFil_refine_lt_step_payoff
Plain-language statement
JHFil_refine_lt_step_payoff proves the stability step condition for the chain JHFil. For each k with JHFil ... k > ⊥ and any strict intermediate z between JHFil ... (k+1) and JHFil ... k, the payoff strictly decreases when refining the step through z.
Source project: Harder-Narasimhan
Person-level attribution pending.