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Persistent link: https://www.econbiz.de/10003266648
This paper provides a unified framework for interpreting a wide range of interactions models which have appeared in the economics literature. A formalization taken from the statistical mechanics literature is shown to encompass a number of socioeconomic phenomena ranging from out of wedlock...
Persistent link: https://www.econbiz.de/10013218553
A decision maker tests whether the gradient of the loss function evaluated at a judgmental decision is zero. If the test does not reject, the action is the judgmental decision. If the test rejects, the action sets the gradient equal to the boundary of the rejection region. This statistical...
Persistent link: https://www.econbiz.de/10013243823
This paper provides a unified framework for interpreting a wide range of interactions models which have appeared in the economics literature. A formalization taken from the statistical mechanics literature is shown to encompass a number of socioeconomic phenomena ranging from out of wedlock...
Persistent link: https://www.econbiz.de/10012473099
Understanding how decisions are made plays an important role in strategic management. Exploration is conducted as to whether the classical approach or the Bayesian approach is more frequently used in the strategic management decision-making literature. A sample of 51 decision-related articles is...
Persistent link: https://www.econbiz.de/10014140967
Persistent link: https://www.econbiz.de/10003633608
E-learning plays an important role in education as it supports online education via computer networks and provides educational services by utilising information technologies. We present a case study describing the development of an Arabic language elearning course in statistics. Discussed are...
Persistent link: https://www.econbiz.de/10003633861
Along with many others, we agree that a modern education in statistics needs to incorporate the practical analysis of real datasets, which are usually more complex than the common examples found in standard textbooks. The software used in the teaching of statistics includes standard spreadsheet...
Persistent link: https://www.econbiz.de/10003633982
Students of introductory courses consider statistics as particularly difficult, as the understanding of the underlying concepts may require more time and energy than for other disciplines. For decades statisticians have tried to enhance understanding with the help of technical solutions such as...
Persistent link: https://www.econbiz.de/10003634680
In this paper we propose Granger (non-)causality tests based on a VAR model allowing for time-varying coefficients. The functional form of the time-varying coefficients is a Logistic Smooth Transition Autoregressive (LSTAR) model using time as the transition variable. The model allows for...
Persistent link: https://www.econbiz.de/10003644229