Similar Search Results

Dedication versus flexibility in field service operation

Karaesmen, F.; van der Duyn Schouten, F.A.; van … - Tilburg University, Center for Economic Research - 1998

Persistent link: https://www.econbiz.de/10011091703

Derivation of Monotone Decision Models from Non-Monotone Data

Daniëls, H.A.M.; Velikova, M.V. - Tilburg University, Center for Economic Research - 2003

.In economic decision making such as credit loan approval or risk analysis, one often requires models that are monotone with … respect to the decision variables involved.If the model is obtained by a blind search through the data, it does mostly not … decision models.We propose measures to express the degree of monotonicity of the data and an algorithm to make data sets …

Persistent link: https://www.econbiz.de/10011092627

Environmental Catastrophes Under Time-inconsistent Preferences

Michielsen, T.O. - Tilburg University, Center for Economic Research - 2013

Abstract I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation maximizes a weighted sum of discounted utility (positive) and the probability that a catastrophe will occur at any point in the future (negative). The model generates...

Persistent link: https://www.econbiz.de/10011092719

Non-cooperative games

van Damme, Eric - Tilburg University, Center for Economic Research - 2014

We describe non-cooperative game models and discuss game theoretic solution<br/>concepts. Some applications are also noted. Conventional theory focuses on the<br/>question ‘how will rational players play?’, and has the Nash equilibrium at its core.<br/>We discuss this concept and its interpretations, as...

Persistent link: https://www.econbiz.de/10011144456

The Revealed Preference Approach to Collective Consumption Behavior : Nonparametric Testing and Sharing Rule Recovery (Revised version of CentER DP 2007-73)

Cherchye, L.J.H.; de Rock, B.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2009

We present a nonparametric 'revealed preference' methodology for empiri- cally analyzing collective consumption behavior. First, we introduce an integer programming (IP) methodology for testing data consistency with collective con- sumption models that account for publicly as well as privately...

Persistent link: https://www.econbiz.de/10011090549

Degrees of Cooperation in Household Consumption Models : A Revealed Preference Analysis

Cherchye, L.J.H.; Demuynck, T.; de Rock, B. - Tilburg University, Center for Economic Research - 2009

We develop a revealed preference approach to analyze non-unitary con- sumption models with intrahousehold allocations deviating from the cooper- ative (or Pareto e¢ cient) solution. At a theoretical level, we establish re- vealed preference conditions of household consumption models with...

Persistent link: https://www.econbiz.de/10011090797

The Collective Model of Household Consumption : A Nonparametric Characterization

Cherchye, L.J.H.; de Rock, B.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2004

Persistent link: https://www.econbiz.de/10011091729

Nonparametric Analysis of Household Labor Supply : Goodness-of-Fit and Power of the Unitary and the Collective Model

Cherchye, L.J.H.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2006

We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey.We conduct a nonparametric analysis that avoids the distortive impact of an erroneously speci.ed functional form for the prefer-ences and/or the...

Persistent link: https://www.econbiz.de/10011091901

Noncooperative Household Consumption with Caring

Cherchye, L.J.H.; Demuynck, T.; de Rock, B. - Tilburg University, Center for Economic Research - 2011

We present a household consumption model that accounts for caring house- hold members, while allowing for noncooperative behavior in decisions on pub- lic goods. The intrahousehold consumption outcome critically depends on the degree of caring between the household members. By varying the degree...

Persistent link: https://www.econbiz.de/10011092325

Nonparametric Tests of Collectively Rational Consumption Behavior : An Integer Programming Procedure

Cherchye, L.J.H.; de Rock, B.; Sabbe, J.; Vermeulen, F.M.P. - Tilburg University, Center for Economic Research - 2008

We present an IP-based nonparametric (revealed preference) testing proce- dure for rational consumption behavior in terms of general collective models, which include consumption externalities and public consumption. An empiri- cal application to data drawn from the Russia Longitudinal Monitoring...

Persistent link: https://www.econbiz.de/10011092661