Now showing items 161-180 of 316

  • Learning about the arrival of sales 

    Mason, Robin; Valimaki, Juuso (Elsevier, 2011)
    We propose a simple model of optimal stopping where the economic environment changes as a result of learning. A primary application of our framework is an optimal sales problem when the demand for a seller's good is initially ...
  • Learning through simultaneous play: evidence from penny auctions 

    Gonçalves, R; Fonseca, MA (Wiley, 2016-12-01)
    This paper contributes to the emerging empirical literature on penny auctions, a particular type of all-pay auctions. We focus on the potential learning effects that bidders may experience over time but also (and particularly) ...
  • Learning to export from neighbors 

    Fernandes, Ana P.; Tang, Heiwai (Elsevier, 2014-09-01)
    This paper studies how learning from neighboring firms affects new exporters' performance. We develop a statistical decision model in which a firm updates its prior belief about demand in a foreign market based on several ...
  • Learning unethical practices from a co-worker: the peer effect of Jose Canseco 

    Gould, Eric; Kaplan, Todd R. (MPRA, 2010-08)
    This paper examines the issue of whether workers learn productive skills from their co-workers, even if those skills are unethical. Specifically, we estimate whether Jose Canseco, a star baseball player in the late 1980’s ...
  • Listen to the market, hear the best policy decision, but don’t always choose it 

    Reinstein, D; Song, JS (University of Essex, Department of Economics, 2014)
    Real-world policymakers want to extract investors' private information about a policy's likely effects by 'listening to' asset markets. However, this brings the risk that investors will profitably 'manipulate' prices to ...
  • Long memory and nonlinear time series 

    Davidson, James; Teräsvirta, Timo (Elsevier, 2002)
  • The long memory model of political support: some further results 

    Byers, David; Davidson, James; Peel, David (Routledge, part of the Taylor & Francis Group, 2007-11)
    This article extends the results of Byers et al. (1997) on long memory in support for the Conservative and Labour Parties in the UK using longer samples and additional poll series. It finds continuing support for the ...
  • "Looking forward by looking back": a self/other perspective on intercultural expatriate research 

    Guttormsen, David S.A. (Routledge, 2015-04-30)
    This chapter deploys a transdisciplinary critique, using Self/Other concepts from Sociology and Social Anthropology, to argue for moving beyond the mainstream Hofstedeian Cross-Cultural Management research paradigm within ...
  • Losing Face (Working Paper) 

    Reinstein, D; Gall, T (2015-11-15)
    When Al makes an offer to Betty that Betty observes and rejects, Al may “lose face”. This loss of face (LoF) may cost Al utility, either directly or through reputation effects. This can lead to fewer offers and inefficiency ...
  • The marginal cost of public funds in growing economies 

    Hashimzade, Nigar; Myles, Gareth D. (Association pour le développement de la recherché en économie et en statistique, 2014-06)
    The marginal cost of public funds (MCF) measures the cost to the economy of raising government revenue. The MCF can be used to guide reform of the tax system and to determine an efficient level of government expenditure. ...
  • Market Design and the Stability of General Equilibrium 

    Goeree, JK; Lindsay, L (Elsevier, 2016)
    We employ laboratory methods to study the stability of competitive equilibrium in Scarf’s economy (International Economic Review, 1960). Tatonnement theory predicts that prices are globally unstable for this economy, i.e. ...
  • Market distortions and corporate governance 

    Kelsey, David; Milne, Frank (SSRN, 2005-02)
  • Market Power and Cost Efficiencies in Banking 

    Kumar, P (Elsevier, 2018-02-16)
    Existing studies that quantify cost efficiencies in the banking industry do not account for local market power. If market power is ignored and increases with size, it gets counted as additional cost efficiencies which leads ...
  • Measurement of production efficiency and environmental efficiency in China’s province-level: a by-production approach 

    Zhao, Zuoxiang (Springer Verlag for Society for Environmental Economics and Policy Studies, 2016-08-04)
    The nonconventional by-production approach with respect to the freely disposable inputs but without the weakly disposable and null-joint outputs has been proposed to describe the pollution generating technologies since ...
  • Measuring the measurement error: A method to qualitatively validate survey data 

    Blattman, C; Jamison, J; Koroknay-Palicz, T; Rodrigues, K; Sheridan, M (Elsevier, 2016-01-29)
    Empirical social science relies heavily on self-reported data, but subjects may misreport behaviors, especially sensitive ones such as crime or drug abuse. If a treatment influences survey misreporting, it biases causal ...
  • Metaphysical Realism and Objectivity: Some Theoretical Reflections 

    Ianulardo, G; Stella, A (Springer Verlag, 2018-03-02)
    In this paper we aim to show an intrinsic contradiction of contemporary Metaphysical Realism by focusing on the relation between the subject and the object. Metaphysical Realism considers facts and objects as being empirical, ...
  • (Mis)perceptions of inequality 

    Hauser, OP; Norton, MI (Elsevier, 2017-07-24)
    Laypeople's beliefs about the current distribution of outcomes such as income and wealth in their country influence their attitudes toward issues ranging from taxation to healthcare — but how accurate are these beliefs? ...
  • A model of fractional cointegration, and tests for cointegration using the bootstrap 

    Davidson, James (Elsevier, 2002)
    The paper proposes a framework for modelling cointegration in fractionally integrated processes, and considers methods for testing the existence of cointegrating relationships using the parametric bootstrap. In these ...
  • Moment and memory properties of linear conditional heteroscedasticity models, and a new model 

    Davidson, James (American Statistical Association, 2004)
    This article analyses the statistical properties of that general class of conditional heteroscedasticity models in which the conditional variance is a linear function of squared lags of the process. GARCH, IGARCH, FIGARCH, ...
  • Monetary policy and trade globalization 

    Cooke, Dudley (University of Exeter Business School, 2012)
    This paper develops a two-country Dynamic General Equilibrium model to assess the relationship between the real exchange rate and the extensive margin of exports. Exchange rate pass-through to consumer prices governs the ...