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With regard to global or regional environmental problems, do countries that take unilateral actions inspire other countries to curtail emissions?In this paper this possibility is investigated by the use of a novel design of a laboratory public bad experiment with a leader.Twelve groups of five...
Persistent link: https://www.econbiz.de/10011091939
Persistent link: https://www.econbiz.de/10011092183
In practice, simulation analysts often change only one factor at a time, and use graphical analysis of the resulting Input/Output (I/O) data. The goal of this article is to change these traditional, naïve methods of design and analysis, because statistical theory proves that more information is...
Persistent link: https://www.econbiz.de/10011092352
Sensitivity analysis in investment problems is an important tool to determine which factors can jeopardize the future of the investment.Information on the probability distribution of those factors that affect the investment is mostly lacking.In those situations the analysts have two options: (i)...
Persistent link: https://www.econbiz.de/10011092532
This paper proposes a novel method to select an experimental design for interpolation in simulation.Though the paper focuses on Kriging in deterministic simulation, the method also applies to other types of metamodels (besides Kriging), and to stochastic simulation.The paper focuses on...
Persistent link: https://www.econbiz.de/10011092545
This tutorial discusses what-if analysis and optimization of System Dynamics models. These problems are solved, using the statistical techniques of regression analysis and design of experiments (DOE). These issues are illustrated by applying the statistical techniques to a System Dynamics model...
Persistent link: https://www.econbiz.de/10011092652
For decision makers the variability in the net present value (NPV) of an investment project is an indication of the project's risk. So-called risk analysis is one way to estimate this variability. However, risk analysis requires knowledge about the stochastic character of the inputs. For large,...
Persistent link: https://www.econbiz.de/10011092930
For randomized controlled trials (RCTs) of education interventions, estimates of associations between student and mediating teacher practice outcomes can help examine the extent to which the data support the study's conceptual model. They can also identify mediators most associated with student...
Persistent link: https://www.econbiz.de/10011100759
For randomized controlled trials (RCTs) of education interventions, estimates of associations between student and mediating teacher practice outcomes can help examine the extent to which the data support the study's conceptual model. They can also identify mediators most associated with student...
Persistent link: https://www.econbiz.de/10010609003
In randomized control trials (RCTs) in the education field, the complier average causal effect (CACE) parameter is often of policy interest, because it pertains to intervention effects for students who receive a meaningful dose of treatment services. This article uses a causal inference and...
Persistent link: https://www.econbiz.de/10010609461