Dynamic Model Averaging in Large Model Spaces Using Dynamic Occam's Window [0.03%]
基于动态奥卡姆窗的大模型空间中的动态模型平均方法研究
Luca Onorante,Adrian E Raftery
Luca Onorante
Bayesian model averaging has become a widely used approach to accounting for uncertainty about the structural form of the model generating the data. When data arrive sequentially and the generating model can change over time, Dynamic Model ...
The geometry of distributional preferences and a non-parametric identification approach: The Equality Equivalence Test [0.03%]
分配型偏好几何与非参数识别方法：平等等价测试
Rudolf Kerschbamer
Rudolf Kerschbamer
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set ...
Klaus Gugler,Michael Weichselbaumer,Christine Zulehner
Klaus Gugler
We study the effects of the recent economic crisis on firms׳ bidding behavior and markups in sealed bid auctions. Using data from Austrian construction procurements, we estimate bidders׳ construction costs within a private value auction m...
Child height, health and human capital: Evidence using genetic markers [0.03%]
儿童身高、健康和人力资本：利用基因标记的证据
Stephanie von Hinke Kessler Scholder,George Davey Smith,Debbie A Lawlor et al.
Stephanie von Hinke Kessler Scholder et al.
Height has long been recognized as being associated with better outcomes: the question is whether this association is causal. We use children's genetic variants as instrumental variables to deal with possible unobserved confounders and exam...
Chris M Wilson
Chris M Wilson
It is well known that search costs and switching costs can create market power by constraining the ability of consumers to change suppliers. While previous research has examined each cost in isolation, this paper demonstrates the benefits o...
Hans van Kippersluis,Titus J Galama
Hans van Kippersluis
Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by exploiting both inheritances and lottery winnings to test a theory of health behavior. We distinguish between the direct monetary cost and th...
Matthias Sutter,Simon Czermak,Francesco Feri
Matthias Sutter
Many important decisions require strategic sophistication. We examine experimentally whether teams act more strategically than individuals. We let individuals and teams make choices in simple games, and also elicit first- and second-order b...
Wolfgang Höchtl,Rupert Sausgruber,Jean-Robert Tyran
Wolfgang Höchtl
Some people have a concern for a fair distribution of incomes while others do not. Does such a concern matter for majority voting on redistribution? Fairness preferences are relevant for redistribution outcomes only if fair-minded voters ar...
M C Burda
M C Burda
Determinants of the propensity to migrate are explored using data collected in a survey of East German residents following German reunification in 1991. The author notes that in the period 1989-1992, some 870,000 individuals migrated to Wes...