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This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010935045
This paper studies large sample properties of the matrix exponential spatial specification (MESS). We find that the quasi-maximum likelihood estimator (QMLE) for the MESS is consistent under heteroskedasticity, a property not shared by the QMLE of the SAR model. For the general model that has...
Persistent link: https://www.econbiz.de/10010930191
This article is a comment on Margaret Slade (2005).
Persistent link: https://www.econbiz.de/10010750503
This paper presents various approaches dealing with heterogeneous reaction combined with interaction between neighboring units of observation developed in the spatial econometric literature, in the framework of cross-sectional models, and applied to the study of growth and convergence processes....
Persistent link: https://www.econbiz.de/10008794748
This study aims at investigating the spatial dimension of the FDI. Considering the distribution of FDI between the provinces, our purpose is the spatial dependency that may be observed. Using data for 1992-2002, we find that taking into account the regional specification induces significant FDI...
Persistent link: https://www.econbiz.de/10008855837
affect the behavior of their followers. Hence, opinion leaders have some power over their followers, and they can exercise … this power by influencing their followers choice of action. We study a two-action model for a society with opinion leaders … choice is made by simple majority of the actions chosen by each member. For this model, we axiomatize satisfaction and power …
Persistent link: https://www.econbiz.de/10010605319
interactions among social groups in a setting where one group has captured power. While using a model featuring random matching and … repeated games, it is shown that whenever one group seizes power, members of other groups will perceive additional value in …. However, not all societies that have experienced power captures converge towards segregation. It is shown that the proportion …
Persistent link: https://www.econbiz.de/10010750463
classification of the triangular situations between employer, employees and clients based on the power concept and 2) to analyse the …
Persistent link: https://www.econbiz.de/10010663550
Ce mémoire a pour objectif de définir une démarche permettant à toute entreprise de se positionner en tant que client préférentiel auprès de ses fournisseurs. Cette notion de client préférentiel fut durant de nombreuses années étudiée de façon unilatérale par une approche marketing...
Persistent link: https://www.econbiz.de/10010820407
This paper contributes to an institutional theory of crime. More specifically, it focuses on the problem of the Mafia and the infiltration of legitimate businesses. In legal markets, the Mafia resorts to artificial scarcity as a functioning principle. Although scarcity and its consequences for...
Persistent link: https://www.econbiz.de/10010821497