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Offensive Performance, Omitted Variables, and the Value of Speed in Baseball

Turocy, Theodore L. - EconWPA - 2003

This note considers the problem of estimating the marginal products of offensive events towards a baseball team's objective of scoring runs. Regression techniques on official statistics give a positive marginal product for a stolen base attempt, which is inconsistent with the theory of mixed...

Persistent link: https://www.econbiz.de/10005119071

Social ties within school classes –- the roles of gender, ethnicity, and having older siblings

Soetevent, Adriaan R.; Kooreman, Peter - EconWPA - 2005

In this paper we identify the lines along which social ties between high school teenagers are primarily formed. To this end, we introduce interaction weights between pupils in the same school class that are a function of exogenous individual background characteristics, like gender, ethnicity,...

Persistent link: https://www.econbiz.de/10005077075

Food Expenditure, Food Preparation Time and Household Economies of Scale

Vernon, Victoria - EconWPA - 2004

savings at all, while a woman with children spends more time in food-related activities than her single counterparts. I also …

Persistent link: https://www.econbiz.de/10005408293

Labor Supply and Child Care Costs: The Effect of Rationing

Boca, Daniela Del; Vuri, Daniela - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005125711

Recognizing Investment Opportunities at the Onset of Recoveries

Fioretti, Guido - EconWPA - 2002

Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in order to model investments in novel fields of economic activity, that according to this model are carried out when firms recognize the emergence of a new technological pattern....

Persistent link: https://www.econbiz.de/10005076670

Neural correlates of the affect heuristic during brand choice

Plassmann, Hilke; Kenning, Peter; Deppe, Michael; … - EconWPA - 2005

In this working paper it is investigated how affect and cognition interact in consumer decision making. The research …

Persistent link: https://www.econbiz.de/10005125573

Evidence Theory: A Mathematical Framework for Unpredictable Hypotheses

Fioretti, Guido - EconWPA - 2002

Shafer's evidence theory is a branch of the mathematics of uncertain reasoning that allows for novel possibilities to be conceived by a decision-maker. Many of its findings exhibit striking similarities with an alternative decision theory purported by Shackle in the 1950s, before expected...

Persistent link: https://www.econbiz.de/10005125582

Ideologies, Beliefs, and Economic Advice - A Cognitive- Evolutionary View on Economic Policy-Making

Slembeck, Tilman - EconWPA - 2000

Economists often perceive the “ideological beliefs“ held by political actors as obstacles to rational policy-making. In contrast, it is argued that ideologies have characteristics that appear desirable in policy- making in that they allow political actors to credibly commit themselves to...

Persistent link: https://www.econbiz.de/10005556964

Knowledge and Structure

Fioretti, Guido - EconWPA - 2002

This article presents a formalization of knowledge based on a connectionist model of a firm's structure. Transaction costs are not ignored, but integrated with the knowledge-based approach. A numerical example on the canonical comparison of "Japanese" versus "American" organizational structures...

Persistent link: https://www.econbiz.de/10005561473

Economically Active Children and Home-care Children: How Much They Differ

Khan, Rana Ejaz Ali; Ali, Karamat - EconWPA - 2005

Over the issue of the difference or otherwise between economically active children and home-care children, there are … two competing claims by researchers. One holds that economically active children and home- care children are the same in … that both groups of children have identical determinants, while the other contradicts this view. Using the probit analysis …

Persistent link: https://www.econbiz.de/10005125745